23136 Sweet Hollow 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 23136 Sweet Hollow Rd, Abingdon, VA, 24211 uses $42,764 cash to close to unlock $2,883/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,011/mo, and a $631/mo payment keeps the spread at $240/mo. Purchase price stands at $129,000, and rental yield measures 9.4% with $1,011/mo rent. Return on cash invested shows 26.65% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 138.79% and total cumulative return in cash records $59,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,011/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1964
0.90 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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