18403 Ironwood LoopAbingdonVA24210
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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 18403 Ironwood Loop, Abingdon, VA, 24210 uses $107,704 cash to close to unlock $8,496/yr annual cash flow and $708/mo monthly cash flow. Total monthly income runs $2,650/mo, and a $1,590/mo payment keeps the spread at $708/mo. Purchase price stands at $324,900, and rental yield measures 9.79% with $2,650/mo rent. Return on cash invested shows 27.8% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 144.91% and total cumulative return in cash records $156,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,650/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.34 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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