84 Green Level RdBoones MillVA24065
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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
Rental property for sale in Boones Mill at 84 Green Level Rd, Boones Mill, VA, 24065 priced at $715,000 pairs $2,957/mo rent with after a $3,500/mo payment. Total monthly income equals $2,957/mo. Return on cash invested is 13.34% in year one, and rental yield stands at 4.96% on a $715,000 basis. Equity gained on principal adds $4,614/yr, and 5% annual appreciation accumulates to $197,541 by year five. Five-year ROI measures 67.3% and total cumulative return in cash reaches $158,313. For financing, Ziffy Mortgage’s DSCR program evaluates $2,957/mo property income against a $3,500/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
2.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24065, Boones Mill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,858 (100%) |
| Owner Occupied HU | 2,212 (77.4%) |
| Renter Occupied HU | 422 (14.8%) |
| Vacant Housing Units | 224 ( 7.8%) |
| Median Home Value | $270,660 |
| Average Home Value | $341,247 |
Housing Distribution
Address Breakdown
Residential
2,648
Single Family
2,648
Multi-Family
0
Businesses
116
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Listed by: ANGIE MCGHEE • MKB, REALTORS(r) - FRANKLIN CO
Mls Name: RVAR
Mls ID: #923359