143 Wilkins LnWythevilleVA24382
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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 143 Wilkins Ln, Wytheville, VA, 24382 priced at $250,000 pairs $1,952/mo rent with $457/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,952/mo, and annual cash flow comes to $5,486/yr on $82,875 invested. Return on cash invested is 26.53% in year one, and rental yield stands at 9.37% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 138.1% and total cumulative return in cash reaches $114,454. For financing, Ziffy Mortgage’s DSCR program evaluates $1,952/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.96 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: Tana Woodyard • Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg
Mls Name: New River Valley AOR
Mls ID: #425851