987 Nursery RdLaurel ForkVA24352
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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 Laurel Fork at 987 Nursery Rd, Laurel Fork, VA, 24352 generates $0/mo in rent, after a $2,521/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.75% in year one, and rental yield is 0% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
5.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24352, Laurel Fork, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 359 (57.3%) |
| Renter Occupied HU | 55 ( 8.8%) |
| Vacant Housing Units | 213 (34.0%) |
| Median Home Value | $180,147 |
| Average Home Value | $212,444 |
Housing Distribution
Address Breakdown
Residential
504
Single Family
504
Multi-Family
0
Businesses
23
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No similar rental properties found nearby.
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Listed by: Paul Burnett • Fancy Gap Mountain Realty, Inc.
Mls Name: SWVAR
Mls ID: #104480