product

markets

method

6097 Blue Ridge Tpke, Fincastle, VA 24090 — $120,000 · 2bd · ~1.2% rule | OnePercent

6097 Blue Ridge Tpke, Fincastle, VA 24090

$120,000

Home·Fincastle 24090·6097 Blue Ridge Tpke, Fincastle, VA 24090

Unconfirmed for 11 days — may no longer be available

6097 Blue Ridge Tpke, Fincastle, VA 24090

2 bd · 1 ba · 988 sqft · built 1940 · Fincastle · SINGLE_FAMILY·source listing ↗

$120,000

rent, three ways

OnePercent model (vv1)$1,442/mo

p10–p90 confidence band

HUD Fair Market Rent · 24090 · 2BR$1,260/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Botetourt

Flood risk indexRelatively Moderate FEMA NRI

Median household income$90,521

Median area rent$961/mo

Median home value$286,900

the verdict

1.20%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$120,000

1.20% · rent $1,442

Intrinsic value · income approach

$253,748

53% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.