26145 Watauga 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 26145 Watauga Rd, Abingdon, VA, 24211 uses $83,654 cash to close to unlock $4,579/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $1,235/mo payment keeps the spread at $382/mo. Purchase price stands at $252,350, and rental yield measures 8.99% with $1,890/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $69,720 over five years. Five-year ROI reaches 131.93% and total cumulative return in cash records $110,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $1,235/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.56 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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Listed by: Frank Brown • Highlands Realty, Inc - Bristol
Mls Name: SWVAR
Mls Provider:
Mls ID: #99586
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.