340 Montgomery StChristiansburgVA24073
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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 340 Montgomery St, Christiansburg, VA, 24073 priced at $207,500 pairs $1,888/mo rent with $647/mo cash flow after a $1,016/mo payment. Total monthly income equals $1,888/mo, and annual cash flow comes to $7,767/yr on $68,786 invested. Return on cash invested is 31.2% in year one, and rental yield stands at 10.92% on a $207,500 basis. Equity gained on principal adds $1,339/yr, and 5% annual appreciation accumulates to $57,328 by year five. Five-year ROI measures 163.16% and total cumulative return in cash reaches $112,235. For financing, Ziffy Mortgage’s DSCR program evaluates $1,888/mo property income against a $1,016/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.27 Acres 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: Riley Hall • eXp Realty
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #425059
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.