973 Apache TrlFancy GapVA24328
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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 Fancy Gap at 973 Apache Trl, Fancy Gap, VA, 24328 generates $893/mo in rent and, after a $563/mo payment, leaves $205/mo in cash flow. Total monthly income is $893/mo, and annual cash flow is $2,465/yr on $38,123 invested. Return on cash invested sits at 26.37% in year one, and rental yield is 9.32% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash sums $52,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $893/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24328, Fancy Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 774 (44.9%) |
| Renter Occupied HU | 160 ( 9.3%) |
| Vacant Housing Units | 791 (45.9%) |
| Median Home Value | $166,296 |
| Average Home Value | $202,775 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
64
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