Laurel Fork RdLaurel ForkVA24352
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 Laurel Fork at Laurel Fork Rd, Laurel Fork, VA, 24352 offers a 10% rental yield on a $129,400 purchase with $1,078/mo rent. Total monthly income registers $1,078/mo, and a $633/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,658/yr on $42,896 to close, and return on cash invested stands at 28.44% in year one. Equity gained on principal adds $835/yr while 5% annual appreciation supports $35,751 over five years. Portfolio math shows five-year ROI at 148.31% and total cumulative return in cash at $63,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,078/mo property income against a $633/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
15.61 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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Nearby investment properties with comparable prices
Listed by: Zach Antill • ADVANCE LAND AND TIMBER LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VACA2000010
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