930 Penmar Ave SERoanokeVA24013
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 930 Penmar Ave SE, Roanoke, VA, 24013 at $194,500 posts ROI 31.34% with $614/mo cash flow from $1,777/mo rent. Total monthly income equals $1,777/mo, and annual cash flow records $7,371/yr on $64,477 to close. Return on cash invested measures 31.34% and rental yield reads 10.96% at the current $194,500. Equity gained on principal adds $1,255/yr, and 5% annual appreciation supports $53,737 by year five. Five-year ROI prints 163.92% and total cumulative return in cash totals $105,693.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,777/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
9,147 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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Nearby investment properties with comparable prices
Listed by: Karl Ford • MKB, REALTORS(r)
Mls Name: RVAR
Mls Provider:
Mls ID: #914807
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