Tbd Shelor RdMeadows Of DanVA24120
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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
Investment property for sale in Meadows Of Dan at Tbd Shelor Rd, Meadows Of Dan, VA, 24120 offers a 15.14% rental yield on a $109,900 purchase with $1,387/mo rent. Total monthly income registers $1,387/mo, and a $538/mo payment leaves $730/mo available for distribution. Annual cash flow reaches $8,759/yr on $36,432 to close, and return on cash invested stands at 43.95% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 231.53% and total cumulative return in cash at $84,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,387/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
6.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24120, Meadows Of Dan, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,370 (100%) |
| Owner Occupied HU | 685 (50.0%) |
| Renter Occupied HU | 162 (11.8%) |
| Vacant Housing Units | 523 (38.2%) |
| Median Home Value | $190,417 |
| Average Home Value | $248,004 |
Housing Distribution
Address Breakdown
Residential
944
Single Family
944
Multi-Family
0
Businesses
69
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Listed by: Grace Hight • Long & Foster-Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422542
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.