8338 Highland TpkeMc DowellVA24458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mc Dowell at 8338 Highland Tpke, Mc Dowell, VA, 24458 at $279,900 posts ROI 23.48% with $276/mo cash flow from $1,949/mo rent. Total monthly income equals $1,949/mo, and annual cash flow records $3,309/yr on $92,787 to close. Return on cash invested measures 23.48% and rental yield reads 8.36% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 121.7% and total cumulative return in cash totals $112,921.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,949/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24458, Mc Dowell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 177 (56.0%) |
| Renter Occupied HU | 14 ( 4.4%) |
| Vacant Housing Units | 125 (39.6%) |
| Median Home Value | $284,722 |
| Average Home Value | $382,288 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
20
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