1430 Harding RdBlacksburgVA24060
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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 Blacksburg at 1430 Harding Rd, Blacksburg, VA, 24060 uses $157,429 cash to close to unlock $486/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $2,879/mo, and a $2,324/mo payment keeps the spread at $41/mo. Purchase price stands at $474,900, and rental yield measures 7.27% with $2,879/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 104.23% and total cumulative return in cash records $164,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,879/mo property income covering a $2,324/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24060, Blacksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,424 (100%) |
| Owner Occupied HU | 8,250 (36.8%) |
| Renter Occupied HU | 12,496 (55.7%) |
| Vacant Housing Units | 1,678 ( 7.5%) |
| Median Home Value | $518,808 |
| Average Home Value | $533,291 |
Housing Distribution
Address Breakdown
Residential
22,500
Single Family
18,346
Multi-Family
4,154
Businesses
1,152
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Listed by: Rob Jones • Coldwell Banker Townside Bburg
Mls Name: New River Valley AOR
Mls ID: #425191