120 Nyle Ridge Rd, Wirtz, VA, 24184 | 6.5% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wirtz at 120 Nyle Ridge Rd, Wirtz, VA, 24184 generates $2,572/mo in rent, after a $2,325/mo payment. Total monthly income is $2,572/mo. Return on cash invested sits at 17.87% in year one, and rental yield is 6.5% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 91.64% and total cumulative return in cash sums $144,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 24184, Wirtz, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,337 (100%)
Owner Occupied HU	1,573 (67.3%)
Renter Occupied HU	270 (11.6%)
Vacant Housing Units	494 (21.1%)
Median Home Value	$344,590
Average Home Value	$441,600