1753 Mary StBristolVA24201
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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 Bristol at 1753 Mary St, Bristol, VA, 24201 uses $33,150 cash to close to unlock $2,384/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $796/mo, and a $489/mo payment keeps the spread at $199/mo. Purchase price stands at $100,000, and rental yield measures 9.55% with $796/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 141.19% and total cumulative return in cash records $46,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $796/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1923
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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Listed by: Billy Miller • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9972214
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