1036 McCormick Blvd, Clifton Forge, VA, 24422 | $319/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1036 McCormick Blvd, Clifton Forge, VA, 24422 | $319/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Clifton Forge at 1036 McCormick Blvd, Clifton Forge, VA, 24422 uses $72,897 cash to close to unlock $3,825/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $1,633/mo, and a $1,076/mo payment keeps the spread at $319/mo. Purchase price stands at $219,900, and rental yield measures 8.91% with $1,633/mo rent. Return on cash invested shows 25.16% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 130.71% and total cumulative return in cash records $95,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,633/mo property income covering a $1,076/mo payment rather than investor’s personal income.

Single Family

Built in 1922

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming home located at the top of McCormick Blvd within town limits of Clifton Forge, Virginia. The two story cedar shake homes exterior was recently painted in May 2025. Roof and replacement windows are less than 10 years old. Inside downstairs you'll find an entry foyer, living room with wood stove, dining room, updated kitchen with appliances, a bonus room with closet that would make a perfect half bath, basement access, and a back porch. Upstairs features four bedrooms, a full bath, and hall closet. One of the bedrooms is perfect for an office or nursery, while the largest bedroom features two separate closets and an upstairs back porch with mountain views, perfect for morning coffee or book reading. Home also features hardwood flooring throughout (upstairs was refinished in 2020), attic, unfinished basement with laundry, surprising amount of closet space and a newly poured concrete patio in the backyard. Theres so much charm and natural light in this adorable little home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 24422, Clifton Forge, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,244 (100%)
Owner Occupied HU	1,893 (58.4%)
Renter Occupied HU	742 (22.9%)
Vacant Housing Units	609 (18.8%)
Median Home Value	$120,285
Average Home Value	$163,847