704 Park StChristiansburgVA24073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Christiansburg at 704 Park St, Christiansburg, VA, 24073 at $229,000 posts ROI 23.97% with $257/mo cash flow from $1,626/mo rent. Total monthly income equals $1,626/mo, and annual cash flow records $3,083/yr on $75,914 to close. Return on cash invested measures 23.97% and rental yield reads 8.52% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 124.35% and total cumulative return in cash totals $94,397.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,626/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2002
1,873 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24073, Christiansburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,516 (100%) |
| Owner Occupied HU | 9,252 (63.7%) |
| Renter Occupied HU | 4,204 (29.0%) |
| Vacant Housing Units | 1,060 ( 7.3%) |
| Median Home Value | $300,748 |
| Average Home Value | $358,585 |
Housing Distribution
Address Breakdown
Residential
14,141
Single Family
13,933
Multi-Family
208
Businesses
990
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Gautier • Blue Ridge Mountain Realty, LLC
Mls Name: New River Valley AOR
Mls ID: #426142