1230 Commercial 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 1230 Commercial Ave, Clifton Forge, VA, 24422 priced at $152,500 pairs $1,130/mo rent with $219/mo cash flow after a $746/mo payment. Total monthly income equals $1,130/mo, and annual cash flow comes to $2,625/yr on $50,554 invested. Return on cash invested is 25.1% in year one, and rental yield stands at 8.89% on a $152,500 basis. Equity gained on principal adds $984/yr, and 5% annual appreciation accumulates to $42,133 by year five. Five-year ROI measures 130.43% and total cumulative return in cash reaches $65,939. For financing, Ziffy Mortgage’s DSCR program evaluates $1,130/mo property income against a $746/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
5,662 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: Kelly Campbell • Lytle Realty LLC
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #139119
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Rockbridge Highland Realtors. The information being provided is for consumers 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 Deemed Reliable But Not Guaranteed. Copyright 2025 Rockbridge Highland Realtors. All rights reserved.