8892 Highland TpkeMc DowellVA24458
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 Mc Dowell at 8892 Highland Tpke, Mc Dowell, VA, 24458 offers $1,921/mo rent that, after a $1,077/mo payment, leaves $606/mo cash flow. Total monthly income is $1,921/mo, and annual cash flow is $7,268/yr on $72,930 cash. Return on cash invested measures 29.87% in year one, and rental yield stands at 10.48% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 156.02% and total cumulative return in cash reaches $113,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,921/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1889
0.41 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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