406 Valley Fields LnRadfordVA24141
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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 Radford at 406 Valley Fields Ln, Radford, VA, 24141 earns $615/mo cash flow from $3,455/mo rent with a $2,300/mo payment. Total monthly income totals $3,455/mo, and annual cash flow totals $7,375/yr on $155,805 capital. ROI tracks 24.64% on current figures, and rental yield reads 8.82% at a $470,000 purchase. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 over five years. Five-year ROI reaches 128.04% and total cumulative return in cash sums $199,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,455/mo property income instead of your personal income.
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24141, Radford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,304 (100%) |
| Owner Occupied HU | 5,017 (48.7%) |
| Renter Occupied HU | 3,996 (38.8%) |
| Vacant Housing Units | 1,291 (12.5%) |
| Median Home Value | $296,164 |
| Average Home Value | $324,065 |
Housing Distribution
Address Breakdown
Residential
9,834
Single Family
8,848
Multi-Family
986
Businesses
587
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Listed by: Darin Greear • Long & Foster - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #422183
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.