22088 Parks Mill RdAbingdonVA24211
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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
Investment property for sale in Abingdon at 22088 Parks Mill Rd, Abingdon, VA, 24211 earns from $1,361/mo rent with a $1,219/mo payment. Total monthly income totals $1,361/mo. ROI tracks 18.05% on current figures, and rental yield reads 6.56% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 92.66% and total cumulative return in cash sums $76,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.
Single Family
Built in 1991
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24211, Abingdon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,916 (100%) |
| Owner Occupied HU | 3,689 (75.0%) |
| Renter Occupied HU | 683 (13.9%) |
| Vacant Housing Units | 544 (11.1%) |
| Median Home Value | $353,032 |
| Average Home Value | $429,931 |
Housing Distribution
Address Breakdown
Residential
4,638
Single Family
4,624
Multi-Family
14
Businesses
176
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Listed by: Travis Dyson • Landmark Realty
Mls Name: TVRMLS
Mls ID: #9972116
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