155 Reading RdWeber 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 155 Reading Rd, Weber City, VA, 24290 listed at $235,000 pairs $1,466/mo rent with a $1,150/mo payment to leave $61/mo cash flow. Total monthly income runs $1,466/mo, and annual cash flow reaches $737/yr on $77,903 cash to close. Return on cash invested measures 20.85% in year one, and rental yield registers 7.49% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 107.65% and total cumulative return in cash totals $83,860. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,466/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
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: Joshua Coon • Park Hill Realty Group, LLC
Mls Name: TVRMLS
Mls ID: #9989992