340 Wagner RdBristolVA24201
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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 Bristol at 340 Wagner Rd, Bristol, VA, 24201 at $129,000 posts ROI 33.22% with $474/mo cash flow from $1,245/mo rent. Total monthly income equals $1,245/mo, and annual cash flow records $5,691/yr on $42,764 to close. Return on cash invested measures 33.22% and rental yield reads 11.58% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 174.04% and total cumulative return in cash totals $74,425.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,245/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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