15382 Dismal River RdWhitewoodVA24657
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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 Whitewood at 15382 Dismal River Rd, Whitewood, VA, 24657 uses $122,622 cash to close to unlock $4,503/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $2,586/mo, and a $1,810/mo payment keeps the spread at $375/mo. Purchase price stands at $369,900, and rental yield measures 8.39% with $2,586/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 122.28% and total cumulative return in cash records $149,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,586/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24657, Whitewood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 129 (100%) |
| Owner Occupied HU | 88 (68.2%) |
| Renter Occupied HU | 21 (16.3%) |
| Vacant Housing Units | 20 (15.5%) |
| Median Home Value | $116,667 |
| Average Home Value | $164,489 |
Housing Distribution
Address Breakdown
Residential
62
Single Family
62
Multi-Family
0
Businesses
5
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Listed by: Joy Cordle • C&C Realty (Cordle & Company)
Mls Name: SWVAR
Mls Provider:
Mls ID: #97345
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.