1160 Montgomery StChristiansburgVA24073
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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 Christiansburg at 1160 Montgomery St, Christiansburg, VA, 24073 earns $640/mo cash flow from $1,477/mo rent with a $685/mo payment. Total monthly income totals $1,477/mo, and annual cash flow totals $7,684/yr on $46,410 capital. ROI tracks 36.47% on current figures, and rental yield reads 12.66% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 191.44% and total cumulative return in cash sums $88,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,477/mo property income instead of your personal income.
Single Family
Built in 1950
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24073, Christiansburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,516 (100%) |
| Owner Occupied HU | 9,252 (63.7%) |
| Renter Occupied HU | 4,204 (29.0%) |
| Vacant Housing Units | 1,060 ( 7.3%) |
| Median Home Value | $300,748 |
| Average Home Value | $358,585 |
Housing Distribution
Address Breakdown
Residential
14,141
Single Family
13,933
Multi-Family
208
Businesses
990
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Listed by: Brad Taylor • RE/MAX 8 - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424424
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.