132 Laurel StWeber CityVA24290
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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 Weber City at 132 Laurel St, Weber City, VA, 24290 at $239,000 posts ROI 26.09% with $408/mo cash flow from $1,837/mo rent. Total monthly income equals $1,837/mo, and annual cash flow records $4,897/yr on $79,229 to close. Return on cash invested measures 26.09% and rental yield reads 9.22% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 135.77% and total cumulative return in cash totals $107,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,837/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24290, Weber City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 588 (61.9%) |
| Renter Occupied HU | 205 (21.6%) |
| Vacant Housing Units | 157 (16.5%) |
| Median Home Value | $145,455 |
| Average Home Value | $159,273 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
882
Multi-Family
0
Businesses
116
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Listed by: Billy Vermillion • Greater Impact Realty Kingsport
Mls Name: TVRMLS
Mls ID: #9987484