9245 Patterson DrBent MountainVA24059
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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 Bent Mountain at 9245 Patterson Dr, Bent Mountain, VA, 24059 generates $3,647/mo in rent, after a $3,179/mo payment. Total monthly income is $3,647/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 6.74% on a $649,500 entry. Equity gained on principal adds $4,191/yr, while 5% annual appreciation builds toward $179,445 over five years. Five-year ROI reaches 96.25% and total cumulative return in cash sums $205,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,647/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
28.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24059, Bent Mountain, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 352 (81.1%) |
| Renter Occupied HU | 42 ( 9.7%) |
| Vacant Housing Units | 40 ( 9.2%) |
| Median Home Value | $490,476 |
| Average Home Value | $837,138 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
21
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Listed by: TIM J TOOHIG • RE/MAX ALL POINTS
Mls Name: RVAR
Mls ID: #923934