405 Clairmont DrBlacksburgVA24060
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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 Blacksburg at 405 Clairmont Dr, Blacksburg, VA, 24060 offers $2,530/mo rent that, after a $2,803/mo payment. Total monthly income is $2,530/mo. Return on cash invested measures -2.06% in year one, and rental yield stands at 5.3% at a $572,700 entry. Equity gained on principal adds $3,696/yr while 5% annual appreciation compounds into $158,226 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,530/mo property income versus a $2,803/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
$2,580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24060, Blacksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,424 (100%) |
| Owner Occupied HU | 8,250 (36.8%) |
| Renter Occupied HU | 12,496 (55.7%) |
| Vacant Housing Units | 1,678 ( 7.5%) |
| Median Home Value | $518,808 |
| Average Home Value | $533,291 |
Housing Distribution
Address Breakdown
Residential
22,500
Single Family
18,346
Multi-Family
4,154
Businesses
1,152
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Listed by: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #424601