2866 White Rock Rd NWRadfordVA24141
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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 Radford at 2866 White Rock Rd NW, Radford, VA, 24141 uses $78,864 cash to close to unlock $4,275/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $1,164/mo payment keeps the spread at $356/mo. Purchase price stands at $237,900, and rental yield measures 8.97% with $1,778/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $65,727 over five years. Five-year ROI reaches 131.67% and total cumulative return in cash records $103,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $1,164/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24141, Radford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,304 (100%) |
| Owner Occupied HU | 5,017 (48.7%) |
| Renter Occupied HU | 3,996 (38.8%) |
| Vacant Housing Units | 1,291 (12.5%) |
| Median Home Value | $296,164 |
| Average Home Value | $324,065 |
Housing Distribution
Address Breakdown
Residential
9,834
Single Family
8,848
Multi-Family
986
Businesses
587
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Listed by: Pamela Montgomery • Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424399
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