9616 Mountain Cove RdPoundVA24279
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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 Pound at 9616 Mountain Cove Rd, Pound, VA, 24279 uses $74,588 cash to close to unlock $4,695/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,736/mo, and a $1,101/mo payment keeps the spread at $391/mo. Purchase price stands at $225,000, and rental yield measures 9.26% with $1,736/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 136.38% and total cumulative return in cash records $101,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,736/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1981
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24279, Pound, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,949 (100%) |
| Owner Occupied HU | 1,365 (70.0%) |
| Renter Occupied HU | 308 (15.8%) |
| Vacant Housing Units | 276 (14.2%) |
| Median Home Value | $102,584 |
| Average Home Value | $129,277 |
Housing Distribution
Address Breakdown
Residential
1,329
Single Family
1,329
Multi-Family
0
Businesses
80
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