109 Vine AveClifton 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 109 Vine Ave, Clifton Forge, VA, 24422 priced at $179,900 pairs $1,742/mo rent with $666/mo cash flow after a $881/mo payment. Total monthly income equals $1,742/mo, and annual cash flow comes to $7,993/yr on $59,637 invested. Return on cash invested is 33.31% in year one, and rental yield stands at 11.62% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 174.51% and total cumulative return in cash reaches $104,073. For financing, Ziffy Mortgage’s DSCR program evaluates $1,742/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.42 Acres 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: LISA M BROWN • HIGHLANDS REALTY & ASSOCIATES LLC
Mls Name: RVAR
Mls Provider:
Mls ID: #918940
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