203 Sheppard AveRadfordVA24141
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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
Rental property for sale in Radford at 203 Sheppard Ave, Radford, VA, 24141 priced at $260,000 converts $1,645/mo rent into $90/mo cash flow after a $1,273/mo obligation. Total monthly income equals $1,645/mo, and annual cash flow totals $1,084/yr on $86,190 invested. Return on cash invested prints 21.17% in year one, and rental yield reads 7.59% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 109.36% and total cumulative return in cash sums $94,253. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,645/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1991
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24141, Radford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,304 (100%) |
| Owner Occupied HU | 5,017 (48.7%) |
| Renter Occupied HU | 3,996 (38.8%) |
| Vacant Housing Units | 1,291 (12.5%) |
| Median Home Value | $296,164 |
| Average Home Value | $324,065 |
Housing Distribution
Address Breakdown
Residential
9,834
Single Family
8,848
Multi-Family
986
Businesses
587
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