185 Howery StChristiansburgVA24073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 185 Howery St, Christiansburg, VA, 24073 offers a 6.4% rental yield on a $419,950 purchase with $2,239/mo rent. 57% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,024 over five years. Portfolio math shows five-year ROI at 90.05% and total cumulative return in cash at $125,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,239/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
2.61 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy L Rickman • RICKMAN REALTY LLC
Mls Name: RVAR
Mls Provider:
Mls ID: #915800
Disclaimer: Although the Multiple Listing Service of The Roanoke Valley is the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified.