947 Estates Rd SERoanokeVA24014
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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
Investment property for sale in Roanoke at 947 Estates Rd SE, Roanoke, VA, 24014 earns $668/mo cash flow from $2,252/mo rent with a $1,297/mo payment. Total monthly income totals $2,252/mo, and annual cash flow totals $8,015/yr on $87,848 capital. ROI tracks 29.03% on current figures, and rental yield reads 10.2% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 151.48% and total cumulative return in cash sums $133,071. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,252/mo property income instead of your personal income.
Single Family
Built in 1974
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24014, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,130 (100%) |
| Owner Occupied HU | 5,019 (61.7%) |
| Renter Occupied HU | 2,509 (30.9%) |
| Vacant Housing Units | 602 ( 7.4%) |
| Median Home Value | $350,159 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
8,240
Single Family
6,803
Multi-Family
1,437
Businesses
620
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