Allison DrHiwasseeVA24347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hiwassee at Allison Dr, Hiwassee, VA, 24347 at $179,400 posts ROI 22.89% with $148/mo cash flow from $1,220/mo rent. Total monthly income equals $1,220/mo, and annual cash flow records $1,772/yr on $59,471 to close. Return on cash invested measures 22.89% and rental yield reads 8.16% at the current $179,400. Equity gained on principal adds $1,158/yr, and 5% annual appreciation supports $49,565 by year five. Five-year ROI prints 118.58% and total cumulative return in cash totals $70,520.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
4.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24347, Hiwassee, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 621 (54.3%) |
| Renter Occupied HU | 117 (10.2%) |
| Vacant Housing Units | 406 (35.5%) |
| Median Home Value | $236,818 |
| Average Home Value | $342,279 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
803
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Anton • Coldwell Banker Townside Bburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #420373
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.