310 Pin Oak DrChristiansburgVA24073
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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 310 Pin Oak Dr, Christiansburg, VA, 24073 priced at $329,000 converts $1,800/mo rent into after a $1,610/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 18.08% in year one, and rental yield reads 6.57% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 92.76% and total cumulative return in cash sums $101,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Townhouse
Built in 2002
3,484 sqft lot
$N/A/sqft
No 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: Tammy Baldwin-Boboli • Long & Foster - Blacksburg
Mls Name: New River Valley AOR
Mls ID: #425919