906 Stewart Ave SERoanokeVA24013
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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
Rental property for sale in Roanoke at 906 Stewart Ave SE, Roanoke, VA, 24013 priced at $224,950 pairs $1,847/mo rent with $502/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,847/mo, and annual cash flow comes to $6,028/yr on $74,571 invested. Return on cash invested is 27.99% in year one, and rental yield stands at 9.85% on a $224,950 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,150 by year five. Five-year ROI measures 145.96% and total cumulative return in cash reaches $108,845. For financing, Ziffy Mortgage’s DSCR program evaluates $1,847/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24013, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 1,373 (39.4%) |
| Renter Occupied HU | 1,630 (46.7%) |
| Vacant Housing Units | 484 (13.9%) |
| Median Home Value | $107,019 |
| Average Home Value | $179,896 |
Housing Distribution
Address Breakdown
Residential
3,260
Single Family
3,112
Multi-Family
148
Businesses
213
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Listed by: Christopher Kidd Carter • LONG & FOSTER - ROANOKE OFFICE
Mls Name: RVAR
Mls Provider:
Mls ID: #912261
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