Boones Mill, VA — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.0%

Below average

Monthly Cash Flow

-$1,204

After all expenses

Price-to-Rent

22.2

Overpriced for rent

DSCR

0.31

Fails

📊 Key Metrics

Median Home Price
$328,309
Average Rent (3BR)
$1,230/mo
Price-to-Rent Ratio
22.2(high)
1% Rule
0.37%(fails — need 1%+)
Cash-on-Cash Return
-19.1%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Boones Mill for Investors

24065
Cap Rate: 2.0%Cash Flow: -$1,204/mo$328,309
24065
Cap Rate: 2.0%Cash Flow: -$1,204/mo$328,309

All Zip Codes in Boones Mill

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
240652.0%-$1,204$328,309$1,230/mo0.31
240652.0%-$1,204$328,309$1,230/mo0.31