2596 Glade 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
Investment property for sale in Christiansburg at 2596 Glade Dr, Christiansburg, VA, 24073 earns $291/mo cash flow from $1,247/mo rent with a $783/mo payment. Total monthly income totals $1,247/mo, and annual cash flow totals $3,489/yr on $53,007 capital. ROI tracks 26.49% on current figures, and rental yield reads 9.36% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 137.9% and total cumulative return in cash sums $73,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,247/mo property income instead of your personal income.
Townhouse
Built in 1987
N/A 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: Taylor Davidson • Welcome Home Real Estate
Mls Name: New River Valley AOR
Mls ID: #425235