8593 Highland TpkeMc DowellVA24458
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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 Mc Dowell at 8593 Highland Tpke, Mc Dowell, VA, 24458 earns $564/mo cash flow from $1,460/mo rent with a $734/mo payment. Total monthly income totals $1,460/mo, and annual cash flow totals $6,763/yr on $49,692 capital. ROI tracks 33.52% on current figures, and rental yield reads 11.69% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 175.58% and total cumulative return in cash sums $87,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,460/mo property income instead of your personal income.
Single Family
Built in 1930
0.50 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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