263 Oak Hill StAbingdonVA24210
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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 263 Oak Hill St, Abingdon, VA, 24210 at $589,100 posts ROI 22.36% with $372/mo cash flow from $3,893/mo rent. Total monthly income equals $3,893/mo, and annual cash flow records $4,462/yr on $193,814 to close. Return on cash invested measures 22.36% and rental yield reads 7.93% at the current $589,100. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,757 by year five. Five-year ROI prints 115.67% and total cumulative return in cash totals $224,194.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,893/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A 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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