8624 S Bend DrRoanokeVA24019
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
Investment property for sale in Roanoke at 8624 S Bend Dr, Roanoke, VA, 24019 earns from $2,114/mo rent with a $1,630/mo payment. Total monthly income totals $2,114/mo. ROI tracks 18.25% on current figures, and rental yield reads 7.62% at a $332,950 purchase. Equity gained on principal adds $2,148/yr, and 5% annual appreciation supports $91,988 over five years. Five-year ROI reaches 94.78% and total cumulative return in cash sums $104,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,114/mo property income instead of your personal income.
Single Family
Built in 2004
6,098 sqft lot
$N/A/sqft
$247 monthly 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 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,366
Multi-Family
734
Businesses
873
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Listed by: JOHN WESLEY SMITH • WEST LAKE REAL ESTATE
Mls Name: RVAR
Mls Provider:
Mls ID: #918914
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