220 Bishop RdBlacksburgVA24060
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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
Total monthly income runs $1,512/mo, and a $3,083/mo payment. Purchase price stands at $629,900, and rental yield measures 2.88% with $1,512/mo rent. Return on cash invested shows 7.01% in year one, and 5% annual appreciation builds toward $174,030 over five years. Five-year ROI reaches 33.37% and total cumulative return in cash records $69,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,512/mo property income covering a $3,083/mo payment rather than investor’s personal income.
Single Family
Built in 2026
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24060, Blacksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,424 (100%) |
| Owner Occupied HU | 8,250 (36.8%) |
| Renter Occupied HU | 12,496 (55.7%) |
| Vacant Housing Units | 1,678 ( 7.5%) |
| Median Home Value | $518,808 |
| Average Home Value | $533,291 |
Housing Distribution
Address Breakdown
Residential
22,500
Single Family
18,346
Multi-Family
4,154
Businesses
1,152
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Listed by: Paul DiMaio • Blue Ridge Mountain Realty, LLC
Mls Name: New River Valley AOR
Mls ID: #425120