2695 Blossom Trl EBlacksburgVA24060
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blacksburg at 2695 Blossom Trl E, Blacksburg, VA, 24060 uses $157,463 cash to close to unlock $569/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $3,034/mo, and a $2,325/mo payment keeps the spread at $47/mo. Purchase price stands at $475,000, and rental yield measures 7.66% with $3,034/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 104.92% and total cumulative return in cash records $165,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,034/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
4,138 sqft lot
$N/A/sqft
$1,764 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24060, Blacksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,424 (100%) |
| Owner Occupied HU | 8,250 (36.8%) |
| Renter Occupied HU | 12,496 (55.7%) |
| Vacant Housing Units | 1,678 ( 7.5%) |
| Median Home Value | $518,808 |
| Average Home Value | $533,291 |
Housing Distribution
Address Breakdown
Residential
22,500
Single Family
18,346
Multi-Family
4,154
Businesses
1,152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Hurt • Blue Ridge Mountain Realty, LLC
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424458
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.