932 McCormick BlvdClifton ForgeVA24422
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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 Clifton Forge at 932 McCormick Blvd, Clifton Forge, VA, 24422 earns $196/mo cash flow from $1,780/mo rent with a $1,297/mo payment. Total monthly income totals $1,780/mo, and annual cash flow totals $2,351/yr on $87,848 capital. ROI tracks 22.59% on current figures, and rental yield reads 8.06% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 116.92% and total cumulative return in cash sums $102,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,780/mo property income instead of your personal income.
Single Family
Built in 1897
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24422, Clifton Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,893 (58.4%) |
| Renter Occupied HU | 742 (22.9%) |
| Vacant Housing Units | 609 (18.8%) |
| Median Home Value | $120,285 |
| Average Home Value | $163,847 |
Housing Distribution
Address Breakdown
Residential
2,895
Single Family
2,596
Multi-Family
299
Businesses
182
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Listed by: LISA M BROWN • HIGHLANDS REALTY & ASSOCIATES LLC
Mls Name: RVAR
Mls ID: #919222