313 Tanner St SEAbingdonVA24210
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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 Abingdon at 313 Tanner St SE, Abingdon, VA, 24210 priced at $297,500 pairs $1,828/mo rent with $50/mo cash flow after a $1,456/mo payment. Total monthly income equals $1,828/mo, and annual cash flow comes to $597/yr on $98,621 invested. Return on cash invested is 20.51% in year one, and rental yield stands at 7.37% on a $297,500 basis. Equity gained on principal adds $1,920/yr, and 5% annual appreciation accumulates to $82,194 by year five. Five-year ROI measures 105.82% and total cumulative return in cash reaches $104,359. For financing, Ziffy Mortgage’s DSCR program evaluates $1,828/mo property income against a $1,456/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
6,534 sqft 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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Listed by: Anslee Cook • eXp Realty, LLC
Mls Name: TVRMLS
Mls ID: #9978970
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