410 Stone Mill Rd SWAbingdonVA24210
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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 Abingdon at 410 Stone Mill Rd SW, Abingdon, VA, 24210 uses $115,992 cash to close to unlock $19,475/yr annual cash flow and $1,623/mo monthly cash flow. Total monthly income runs $3,715/mo, and a $1,713/mo payment keeps the spread at $1,623/mo. Purchase price stands at $349,900, and rental yield measures 12.74% with $3,715/mo rent. Return on cash invested shows 36.7% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 192.6% and total cumulative return in cash records $223,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,715/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1827
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24210, Abingdon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,169 (100%) |
| Owner Occupied HU | 4,887 (59.8%) |
| Renter Occupied HU | 2,455 (30.1%) |
| Vacant Housing Units | 827 (10.1%) |
| Median Home Value | $237,967 |
| Average Home Value | $350,121 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,698
Multi-Family
138
Businesses
853
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Listed by: Daniel Shew • Prestige Homes of the Tri Cities, Inc.
Mls Name: TVRMLS
Mls ID: #9972012
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