20237 Clifton Ridge RdAbingdonVA24210
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 Abingdon at 20237 Clifton Ridge Rd, Abingdon, VA, 24210 listed at $735,000 pairs $3,419/mo rent with a $3,597/mo payment. Total monthly income runs $3,419/mo. Return on cash invested measures 15.18% in year one, and rental yield registers 5.58% at a $735,000 basis. Equity gained on principal adds $4,743/yr, and annual property appreciation at 5% supports $203,067 by year five. Five-year ROI tracks 77.22% and total cumulative return in cash totals $186,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,419/mo property income relative to a $3,597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
1.94 Acres lot
$N/A/sqft
$100 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tana Woodyard • Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422923
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.