990 Elk DrChristiansburgVA24073
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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 Christiansburg at 990 Elk Dr, Christiansburg, VA, 24073 earns $1,031/mo cash flow from $2,042/mo rent with a $828/mo payment. Total monthly income totals $2,042/mo, and annual cash flow totals $12,370/yr on $56,057 capital. ROI tracks 41.98% on current figures, and rental yield reads 14.49% at a $169,100 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,719 over five years. Five-year ROI reaches 220.88% and total cumulative return in cash sums $123,819. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,042/mo property income instead of your personal income.
Single Family
Built in 1945
10,454 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
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Listed by: N/A • N/A
Mls Name: United Country
Mls ID: #45091-40995