1164 Mule Hell RdWythevilleVA24382
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Nearby investment properties with comparable prices
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
Rental property for sale in Wytheville at 1164 Mule Hell Rd, Wytheville, VA, 24382 offers $1,159/mo rent that, after a $753/mo payment, leaves $239/mo cash flow. Total monthly income is $1,159/mo, and annual cash flow is $2,871/yr on $51,018 cash. Return on cash invested measures 25.54% in year one, and rental yield stands at 9.04% at a $153,900 entry. Equity gained on principal adds $993/yr while 5% annual appreciation compounds into $42,520 by year five. Five-year ROI records 132.84% and total cumulative return in cash reaches $67,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,159/mo property income versus a $753/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24382, Wytheville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,276 (100%) |
| Owner Occupied HU | 4,415 (60.7%) |
| Renter Occupied HU | 2,049 (28.2%) |
| Vacant Housing Units | 812 (11.2%) |
| Median Home Value | $210,562 |
| Average Home Value | $242,951 |
Housing Distribution
Address Breakdown
Residential
6,823
Single Family
6,788
Multi-Family
35
Businesses
883
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Listed by: Sara Shupe • Uptown Properties, LLC - Wytheville
Mls Name: My State MLS
Mls ID: #11624651