16702 Wise StSaint PaulVA24283
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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 Saint Paul at 16702 Wise St, Saint Paul, VA, 24283 uses $49,725 cash to close to unlock $5,658/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $1,368/mo, and a $734/mo payment keeps the spread at $472/mo. Purchase price stands at $150,000, and rental yield measures 10.94% with $1,368/mo rent. Return on cash invested shows 31.29% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 163.63% and total cumulative return in cash records $81,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,368/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1942
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24283, Saint Paul, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,073 (100%) |
| Owner Occupied HU | 649 (60.5%) |
| Renter Occupied HU | 255 (23.8%) |
| Vacant Housing Units | 169 (15.8%) |
| Median Home Value | $116,009 |
| Average Home Value | $162,392 |
Housing Distribution
Address Breakdown
Residential
772
Single Family
772
Multi-Family
0
Businesses
78
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Listed by: N/A • N/A
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