1029 York Ridge RdMouth Of WilsonVA24363
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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 Mouth Of Wilson at 1029 York Ridge Rd, Mouth Of Wilson, VA, 24363 listed at $359,900 pairs $2,618/mo rent with a $1,762/mo payment to leave $466/mo cash flow. Total monthly income runs $2,618/mo, and annual cash flow reaches $5,593/yr on $119,307 cash to close. Return on cash invested measures 24.6% in year one, and rental yield registers 8.73% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 127.74% and total cumulative return in cash totals $152,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,618/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24363, Mouth Of Wilson, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 905 (100%) |
| Owner Occupied HU | 483 (53.4%) |
| Renter Occupied HU | 87 ( 9.6%) |
| Vacant Housing Units | 335 (37.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $232,008 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
26
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Listed by: Mitchell Cornett • Collins and Associates Realty
Mls Name: SWVAR
Mls ID: #100082