108 Weaver DrEllistonVA24087
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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 Elliston at 108 Weaver Dr, Elliston, VA, 24087 uses $72,930 cash to close to unlock $2,216/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $1,077/mo payment keeps the spread at $185/mo. Purchase price stands at $219,999, and rental yield measures 8.18% with $1,500/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 118.86% and total cumulative return in cash records $86,687. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24087, Elliston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,251 (73.2%) |
| Renter Occupied HU | 281 (16.4%) |
| Vacant Housing Units | 177 (10.4%) |
| Median Home Value | $249,752 |
| Average Home Value | $327,828 |
Housing Distribution
Address Breakdown
Residential
1,496
Single Family
1,496
Multi-Family
0
Businesses
63
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