486 Waterworks RdRadfordVA24141
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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 486 Waterworks Rd, Radford, VA, 24141 earns $1,132/mo cash flow from $2,687/mo rent with a $1,273/mo payment. Total monthly income totals $2,687/mo, and annual cash flow totals $13,588/yr on $86,190 capital. ROI tracks 35.67% on current figures, and rental yield reads 12.4% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 187.13% and total cumulative return in cash sums $161,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,687/mo property income instead of your personal income.
Manufactured
Built in 2007
1.25 Acres lot
$N/A/sqft
No 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: Hannah Cole • Maplehaus Realty
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #425540
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.