88 N Poplar AveCraigsvilleVA24430
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 Craigsville at 88 N Poplar Ave, Craigsville, VA, 24430 priced at $174,900 pairs $1,325/mo rent with $280/mo cash flow after a $856/mo payment. Total monthly income equals $1,325/mo, and annual cash flow comes to $3,354/yr on $57,979 invested. Return on cash invested is 25.69% in year one, and rental yield stands at 9.09% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 133.6% and total cumulative return in cash reaches $77,460. For financing, Ziffy Mortgage’s DSCR program evaluates $1,325/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24430, Craigsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 521 (63.2%) |
| Renter Occupied HU | 203 (24.6%) |
| Vacant Housing Units | 101 (12.2%) |
| Median Home Value | $324,554 |
| Average Home Value | $420,590 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
509
Multi-Family
6
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DWAYNE CARICOFE • LPT REALTY, LLC
Mls Name: CAAR
Mls ID: #670897