The Remington Plan, King's WalkRoanokeVA24012
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 Roanoke at The Remington Plan, King's Walk, Roanoke, VA, 24012 with 5% annual appreciation on a $389,900 basis while $2,737/mo rent supports operations. Total monthly income totals $2,737/mo and a $1,908/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,079/yr on $129,252 deployed, and return on cash invested reaches 22.29% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 8.42%. Five-year ROI measures 115.86% and total cumulative return in cash totals $149,749.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,737/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24012, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,046 (100%) |
| Owner Occupied HU | 7,442 (53.0%) |
| Renter Occupied HU | 5,506 (39.2%) |
| Vacant Housing Units | 1,098 ( 7.8%) |
| Median Home Value | $226,162 |
| Average Home Value | $283,920 |
Housing Distribution
Address Breakdown
Residential
13,750
Single Family
11,722
Multi-Family
2,028
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices