158 Lookover Ter, Stuarts Draft, VA, 24477 | 6.1% Rental Yield

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158 Lookover Ter, Stuarts Draft, VA, 24477 | 6.1% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Stuarts Draft at 158 Lookover Ter, Stuarts Draft, VA, 24477 offers $2,160/mo rent that, after a $2,080/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 16.67% in year one, and rental yield stands at 6.1% at a $424,900 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,392 by year five. Five-year ROI records 85.2% and total cumulative return in cash reaches $120,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

TO BE BUILT WITH OPPORTUNITY TO PERSONALIZE! One-Level Living. Chesapeake plan 1,912 finished sq. ft. Luxury vinyl plank in foyer and kitchen. Pantry, maple cabinets, granite counter tops, stainless appliances side by side fridge. Cased windows and doors. Laundry room/mud room and all baths feature 13" x 13" ceramic title. 15 SEER HVAC, programmable thermostats. Security system. Photos are of decorated model home Ask about Current Incentives with use of preferred lender and title company! Sales office located at 241 Vine Street, Waynesboro, VA.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,871 (100%)
Owner Occupied HU	3,623 (74.4%)
Renter Occupied HU	980 (20.1%)
Vacant Housing Units	268 ( 5.5%)
Median Home Value	$298,170
Average Home Value	$328,375