24850 Walden RdAbingdonVA24210
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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 24850 Walden Rd, Abingdon, VA, 24210 earns from $1,320/mo rent with a $1,512/mo payment. Total monthly income totals $1,320/mo. ROI tracks 13.74% on current figures, and rental yield reads 5.13% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 69.51% and total cumulative return in cash sums $71,201. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.
Single Family
Built in 1974
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24210, Abingdon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,169 (100%) |
| Owner Occupied HU | 4,887 (59.8%) |
| Renter Occupied HU | 2,455 (30.1%) |
| Vacant Housing Units | 827 (10.1%) |
| Median Home Value | $237,967 |
| Average Home Value | $350,121 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,698
Multi-Family
138
Businesses
853
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