828 Colonial 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 828 Colonial Rd SW, Abingdon, VA, 24210 listed at $412,000 pairs $3,014/mo rent with a $2,017/mo payment to leave $551/mo cash flow. Total monthly income runs $3,014/mo, and annual cash flow reaches $6,608/yr on $136,578 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 8.78% at a $412,000 basis. Equity gained on principal adds $2,659/yr, and annual property appreciation at 5% supports $113,828 by year five. Five-year ROI tracks 128.52% and total cumulative return in cash totals $175,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,014/mo property income relative to a $2,017/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1934
0.50 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: Glenna Buchanan • eXp Realty
Mls Name: SWVAR
Mls Provider:
Mls ID: #99701
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.