295 Tall Oak BlvdChristiansburgVA24073
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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
Rental property for sale in Christiansburg at 295 Tall Oak Blvd, Christiansburg, VA, 24073 priced at $295,000 converts $2,270/mo rent into $416/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,270/mo, and annual cash flow totals $4,997/yr on $97,793 invested. Return on cash invested prints 25.02% in year one, and rental yield reads 9.23% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 130.39% and total cumulative return in cash sums $127,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,270/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
3,920 sqft lot
$N/A/sqft
$1,080 annually 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: Aaron Harris • Granite Management LLC
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424206
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.