84 Oriskany SqEagle RockVA24085
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
Rental property for sale in Eagle Rock at 84 Oriskany Sq, Eagle Rock, VA, 24085 priced at $160,000 converts $1,287/mo rent into $331/mo cash flow after a $783/mo obligation. Total monthly income equals $1,287/mo, and annual cash flow totals $3,968/yr on $53,040 invested. Return on cash invested prints 27.39% in year one, and rental yield reads 9.65% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 142.72% and total cumulative return in cash sums $75,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,287/mo property income covering a $783/mo payment, not borrower’s personal income.
Manufactured
Built in 1992
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24085, Eagle Rock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 797 (66.1%) |
| Renter Occupied HU | 92 ( 7.6%) |
| Vacant Housing Units | 316 (26.2%) |
| Median Home Value | $209,954 |
| Average Home Value | $229,749 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
26
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Listed by: Rene Reiner • REINER REALTY
Mls Name: RVAR
Mls Provider:
Mls ID: #918453
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