8602 Sanderson Dr, Roanoke, VA, 24019 | 6.85% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Roanoke at 8602 Sanderson Dr, Roanoke, VA, 24019 earns from $2,528/mo rent with a $2,168/mo payment. Total monthly income totals $2,528/mo. ROI tracks 18.93% on current figures, and rental yield reads 6.85% at a $443,000 purchase. Equity gained on principal adds $2,859/yr, and 5% annual appreciation supports $122,393 over five years. Five-year ROI reaches 97.33% and total cumulative return in cash sums $142,936. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.

Single Family

Built in 1950

1.64 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24019, Roanoke, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,090 (100%)
Owner Occupied HU	9,043 (74.8%)
Renter Occupied HU	2,470 (20.4%)
Vacant Housing Units	577 ( 4.8%)
Median Home Value	$274,588
Average Home Value	$316,585