2288 Mud Pike RdChristiansburgVA24073
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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 Christiansburg at 2288 Mud Pike Rd, Christiansburg, VA, 24073 priced at $429,950 pairs $2,579/mo rent with $9/mo cash flow after a $2,104/mo payment. Total monthly income equals $2,579/mo, and annual cash flow comes to $111/yr on $142,528 invested. Return on cash invested is 19.99% in year one, and rental yield stands at 7.2% on a $429,950 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,787 by year five. Five-year ROI measures 102.99% and total cumulative return in cash reaches $146,795. For financing, Ziffy Mortgage’s DSCR program evaluates $2,579/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24073, Christiansburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,516 (100%) |
| Owner Occupied HU | 9,252 (63.7%) |
| Renter Occupied HU | 4,204 (29.0%) |
| Vacant Housing Units | 1,060 ( 7.3%) |
| Median Home Value | $300,748 |
| Average Home Value | $358,585 |
Housing Distribution
Address Breakdown
Residential
14,141
Single Family
13,933
Multi-Family
208
Businesses
990
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Listed by: ESTHER JOY CERLE • ADVANTAGE REALTY LLC
Mls Name: RVAR
Mls ID: #921626