103 Smartview Ln #T2AbingdonVA24210
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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 Abingdon at 103 Smartview Ln #T2, Abingdon, VA, 24210 uses $104,356 cash to close to unlock $7,740/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $2,527/mo, and a $1,541/mo payment keeps the spread at $645/mo. Purchase price stands at $314,800, and rental yield measures 9.63% with $2,527/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $86,973 over five years. Five-year ROI reaches 142.33% and total cumulative return in cash records $148,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,527/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24210, Abingdon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,169 (100%) |
| Owner Occupied HU | 4,887 (59.8%) |
| Renter Occupied HU | 2,455 (30.1%) |
| Vacant Housing Units | 827 (10.1%) |
| Median Home Value | $237,967 |
| Average Home Value | $350,121 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,698
Multi-Family
138
Businesses
853
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