408 Winterham DrAbingdonVA24211
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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 Abingdon at 408 Winterham Dr, Abingdon, VA, 24211 priced at $480,000 pairs $2,840/mo rent with after a $2,349/mo payment. Total monthly income equals $2,840/mo. Return on cash invested is 19.69% in year one, and rental yield stands at 7.1% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 101.38% and total cumulative return in cash reaches $161,309. For financing, Ziffy Mortgage’s DSCR program evaluates $2,840/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24211, Abingdon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,916 (100%) |
| Owner Occupied HU | 3,689 (75.0%) |
| Renter Occupied HU | 683 (13.9%) |
| Vacant Housing Units | 544 (11.1%) |
| Median Home Value | $353,032 |
| Average Home Value | $429,931 |
Housing Distribution
Address Breakdown
Residential
4,638
Single Family
4,624
Multi-Family
14
Businesses
176
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