8322 Leighburn DrRoanokeVA24019
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Roanoke at 8322 Leighburn Dr, Roanoke, VA, 24019 offers a 6.98% rental yield on a $405,000 purchase with $2,357/mo rent. 12% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 98.41% and total cumulative return in cash at $132,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,357/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24019, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,090 (100%) |
| Owner Occupied HU | 9,043 (74.8%) |
| Renter Occupied HU | 2,470 (20.4%) |
| Vacant Housing Units | 577 ( 4.8%) |
| Median Home Value | $274,588 |
| Average Home Value | $316,585 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,366
Multi-Family
734
Businesses
873
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Listed by: BOB CHANDLER • MKB, REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #918235
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