Ethan's Mill Plan, ThornbladeBlue RidgeVA24064
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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 Blue Ridge at Ethan's Mill Plan, Thornblade, Blue Ridge, VA, 24064 generates $1,920/mo in rent, after a $3,191/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 9% in year one, and rental yield is 3.53% on a $652,000 entry. Equity gained on principal adds $4,207/yr, while 5% annual appreciation builds toward $180,136 over five years. Five-year ROI reaches 44.02% and total cumulative return in cash sums $94,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24064, Blue Ridge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,781 (82.9%) |
| Renter Occupied HU | 196 ( 9.1%) |
| Vacant Housing Units | 172 ( 8.0%) |
| Median Home Value | $274,656 |
| Average Home Value | $323,932 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
2,012
Multi-Family
0
Businesses
85
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Listed by: N/A • Countryside HomeCrafters LC
Mls Name: Countryside HomeCrafters LC
Mls Provider:
Mls ID: #N/A