1255 W Spiller StWythevilleVA24382
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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
Investment property for sale in Wytheville at 1255 W Spiller St, Wytheville, VA, 24382 earns $821/mo cash flow from $2,100/mo rent with a $1,047/mo payment. Total monthly income totals $2,100/mo, and annual cash flow totals $9,854/yr on $70,941 capital. ROI tracks 33.8% on current figures, and rental yield reads 11.78% at a $214,000 purchase. Equity gained on principal adds $1,381/yr, and 5% annual appreciation supports $59,124 over five years. Five-year ROI reaches 177.12% and total cumulative return in cash sums $125,651. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 1940
0.29 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: Debbie Tweedie • Weichert Realtors-Short Way Real Estate
Mls Name: SWVAR
Mls ID: #103304