1470 Walnut Ridge RdChristiansburgVA24073
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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 1470 Walnut Ridge Rd, Christiansburg, VA, 24073 with 5% annual appreciation on a $452,700 basis while $2,689/mo rent supports operations. 65% in year one. Equity gained on principal adds $2,921/yr, and five-year appreciation sums $125,073 alongside rental yield of 7.13%. Five-year ROI measures 101.23% and total cumulative return in cash totals $151,909. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,689/mo property income versus a $2,216/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$180 annually 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: Paul DiMaio • Blue Ridge Mountain Realty, LLC
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423021
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.