988 Cascade Trl, Fancy Gap, VA, 24328 | 2.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,200/mo, and a $2,668/mo payment. Purchase price stands at $545,000, and rental yield measures 2.64% with $1,200/mo rent. Return on cash invested shows 6.28% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 29.47% and total cumulative return in cash records $52,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $2,668/mo payment rather than investor’s personal income.

Single Family

Built in 1991

1.01 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