12509 Lew Jones RdDewittVA23840
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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 Dewitt at 12509 Lew Jones Rd, Dewitt, VA, 23840 listed at $159,900 pairs $1,229/mo rent with a $783/mo payment to leave $273/mo cash flow. Total monthly income runs $1,229/mo, and annual cash flow reaches $3,273/yr on $53,007 cash to close. Return on cash invested measures 26.08% in year one, and rental yield registers 9.22% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 135.71% and total cumulative return in cash totals $71,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,229/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
6.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23840, Dewitt, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 538 (77.1%) |
| Renter Occupied HU | 113 (16.2%) |
| Vacant Housing Units | 47 ( 6.7%) |
| Median Home Value | $291,667 |
| Average Home Value | $340,990 |
Housing Distribution
Address Breakdown
Residential
718
Single Family
718
Multi-Family
0
Businesses
36
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