405 Silver Leaf DrChristiansburgVA24073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Christiansburg at 405 Silver Leaf Dr, Christiansburg, VA, 24073 uses $103,594 cash to close to unlock $2,166/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $2,244/mo, and a $1,530/mo payment keeps the spread at $180/mo. Purchase price stands at $312,500, and rental yield measures 8.62% with $2,244/mo rent. Return on cash invested shows 22% in year one, and 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 114.62% and total cumulative return in cash records $118,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,244/mo property income covering a $1,530/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
$2,340 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Beckett • UC/Blue Ridge Land & Auction
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423801
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.