211 Morton StRadfordVA24141
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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 211 Morton St, Radford, VA, 24141 priced at $185,000 pairs $1,430/mo rent with $325/mo cash flow after a $905/mo payment. Total monthly income equals $1,430/mo, and annual cash flow comes to $3,895/yr on $61,328 invested. Return on cash invested is 26.26% in year one, and rental yield stands at 9.28% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 136.64% and total cumulative return in cash reaches $83,799. For financing, Ziffy Mortgage’s DSCR program evaluates $1,430/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
N/A 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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Listed by: Lauren Hurt • Blue Ridge Mountain Realty, LLC
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423888
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.