716 Church St SEBlacksburgVA24060
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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 Blacksburg at 716 Church St SE, Blacksburg, VA, 24060 with 5% annual appreciation on a $206,150 basis while $2,342/mo rent supports operations. Total monthly income totals $2,342/mo and a $1,009/mo payment preserves $1,110/mo for cash returns. Annual cash flow comes to $13,316/yr on $68,339 deployed, and return on cash invested reaches 39.39% in year one. Equity gained on principal adds $1,330/yr, and five-year appreciation sums $56,955 alongside rental yield of 13.63%. Five-year ROI measures 207.07% and total cumulative return in cash totals $141,511.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,342/mo property income versus a $1,009/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2020
1,916 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24060, Blacksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,424 (100%) |
| Owner Occupied HU | 8,250 (36.8%) |
| Renter Occupied HU | 12,496 (55.7%) |
| Vacant Housing Units | 1,678 ( 7.5%) |
| Median Home Value | $518,808 |
| Average Home Value | $533,291 |
Housing Distribution
Address Breakdown
Residential
22,500
Single Family
18,346
Multi-Family
4,154
Businesses
1,152
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Listed by: Dwight Atkinson • Nest Realty SWVA
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424908
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.