3220 Longdale Furnace RdClifton ForgeVA24422
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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 Clifton Forge at 3220 Longdale Furnace Rd, Clifton Forge, VA, 24422 at $795,000 posts ROI 10.95% with from $2,766/mo rent. Total monthly income equals $2,766/mo. Return on cash invested measures 10.95% and rental yield reads 4.18% at the current $795,000. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 by year five. Five-year ROI prints 54.47% and total cumulative return in cash totals $142,474. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,766/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
16.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24422, Clifton Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,893 (58.4%) |
| Renter Occupied HU | 742 (22.9%) |
| Vacant Housing Units | 609 (18.8%) |
| Median Home Value | $120,285 |
| Average Home Value | $163,847 |
Housing Distribution
Address Breakdown
Residential
2,895
Single Family
2,596
Multi-Family
299
Businesses
182
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Listed by: Mike Schneider • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #663827
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.