6773 Lee HwyRadfordVA24141
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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 6773 Lee Hwy, Radford, VA, 24141 with 5% annual appreciation on a $134,900 basis while $1,071/mo rent supports operations. Total monthly income totals $1,071/mo and a $660/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,158/yr on $44,719 deployed, and return on cash invested reaches 24.74% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 9.53%. Five-year ROI measures 129.24% and total cumulative return in cash totals $57,797.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,071/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2018
0.26 Acres lot
$N/A/sqft
$1,020 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: Nancy Page • Page & Assoc. Real Estate
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423705
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.