1687 York DrChristiansburgVA24073
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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 1687 York Dr, Christiansburg, VA, 24073 with 5% annual appreciation on a $229,000 basis while $1,855/mo rent supports operations. Total monthly income totals $1,855/mo and a $1,121/mo payment preserves $486/mo for cash returns. Annual cash flow comes to $5,831/yr on $75,914 deployed, and return on cash invested reaches 27.59% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 9.72%. Five-year ROI measures 143.76% and total cumulative return in cash totals $109,133.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,855/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1988
2,178 sqft 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: David Richards • Price Richards Residential
Mls Name: New River Valley AOR
Mls ID: #423970