18254 Providence RdAbingdonVA24210
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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 18254 Providence Rd, Abingdon, VA, 24210 earns $247/mo cash flow from $4,724/mo rent with a $3,666/mo payment. Total monthly income totals $4,724/mo, and annual cash flow totals $2,959/yr on $246,421 capital. ROI tracks 21.26% on current figures, and rental yield reads 7.57% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 109.78% and total cumulative return in cash sums $270,520. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,724/mo property income instead of your personal income.
Single Family
Built in 1864
2.50 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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