1678 Weems RdWeemsVA22576
Nearby investment properties with comparable rents
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
Investment property for sale in Weems at 1678 Weems Rd, Weems, VA, 22576 uses $99,417 cash to close to unlock $4,981/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,208/mo, and a $1,468/mo payment keeps the spread at $415/mo. Purchase price stands at $299,900, and rental yield measures 8.83% with $2,208/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 129.47% and total cumulative return in cash records $128,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,208/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1948
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22576, Weems, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 710 (59.4%) |
| Renter Occupied HU | 189 (15.8%) |
| Vacant Housing Units | 297 (24.8%) |
| Median Home Value | $371,739 |
| Average Home Value | $439,085 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices