108 Church StClifton ForgeVA24422
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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
Rental property for sale in Clifton Forge at 108 Church St, Clifton Forge, VA, 24422 offers $907/mo rent that, after a $661/mo payment, leaves $100/mo cash flow. Total monthly income is $907/mo, and annual cash flow is $1,197/yr on $44,753 cash. Return on cash invested measures 22.58% in year one, and rental yield stands at 8.06% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 116.96% and total cumulative return in cash reaches $52,345. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $907/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1897
4,356 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,895
Single Family
2,596
Multi-Family
299
Businesses
182
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Listed by: Kerry Griggs • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #657520
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.