20342 Pairgin RdBristolVA24202
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
Rental property for sale in Bristol at 20342 Pairgin Rd, Bristol, VA, 24202 generates $870/mo in rent and, after a $562/mo payment, leaves $184/mo in cash flow. Total monthly income is $870/mo, and annual cash flow is $2,202/yr on $38,089 invested. Return on cash invested sits at 25.69% in year one, and rental yield is 9.09% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 133.62% and total cumulative return in cash sums $50,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24202, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,750 (100%) |
| Owner Occupied HU | 4,280 (74.4%) |
| Renter Occupied HU | 832 (14.5%) |
| Vacant Housing Units | 638 (11.1%) |
| Median Home Value | $235,876 |
| Average Home Value | $327,336 |
Housing Distribution
Address Breakdown
Residential
5,715
Single Family
5,715
Multi-Family
0
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Lokar • Weichert Realtors Saxon Clark KPT
Mls Name: TVRMLS
Mls ID: #9973593
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. Some or all of the listings displayed may not belong to the firm whose website is being visited Listing information is deemed reliable, but not guaranteed.