8435 Blacksburg RdCatawbaVA24070
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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 Catawba at 8435 Blacksburg Rd, Catawba, VA, 24070 generates $3,391/mo in rent, after a $3,989/mo payment. Total monthly income is $3,391/mo. Return on cash invested sits at 13.2% in year one, and rental yield is 4.99% on a $815,000 entry. Equity gained on principal adds $5,259/yr, while 5% annual appreciation builds toward $225,169 over five years. Five-year ROI reaches 66.63% and total cumulative return in cash sums $178,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,391/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
28.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24070, Catawba, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 491 (75.5%) |
| Renter Occupied HU | 87 (13.4%) |
| Vacant Housing Units | 72 (11.1%) |
| Median Home Value | $351,015 |
| Average Home Value | $430,346 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
584
Multi-Family
0
Businesses
24
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