15430 Hemingway DrAbingdonVA24210
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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 Abingdon at 15430 Hemingway Dr, Abingdon, VA, 24210 listed at $299,900 pairs $2,878/mo rent with a $1,468/mo payment to leave $1,085/mo cash flow. Total monthly income runs $2,878/mo, and annual cash flow reaches $13,021/yr on $99,417 cash to close. Return on cash invested measures 33.01% in year one, and rental yield registers 11.52% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 172.85% and total cumulative return in cash totals $171,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,878/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24210, Abingdon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,169 (100%) |
| Owner Occupied HU | 4,887 (59.8%) |
| Renter Occupied HU | 2,455 (30.1%) |
| Vacant Housing Units | 827 (10.1%) |
| Median Home Value | $237,967 |
| Average Home Value | $350,121 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,698
Multi-Family
138
Businesses
853
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Listed by: Vivia Horn • Berkshire HHS, Jones Property Group
Mls Name: TVRMLS
Mls ID: #9969010
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