235 Silver Leaf DrChristiansburgVA24073
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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 235 Silver Leaf Dr, Christiansburg, VA, 24073 priced at $250,000 converts $1,849/mo rent into $354/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,849/mo, and annual cash flow totals $4,250/yr on $82,875 invested. Return on cash invested prints 25.04% in year one, and rental yield reads 8.88% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 130.13% and total cumulative return in cash sums $107,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,849/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Townhouse
Built in 1997
3,049 sqft 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: Austin Cummings • GRAVITY Real Estate Group, Inc.
Mls Name: New River Valley AOR
Mls ID: #425474