176 Dry Gulch RdWythevilleVA24382
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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 Wytheville at 176 Dry Gulch Rd, Wytheville, VA, 24382 with 5% annual appreciation on a $139,900 basis while $1,109/mo rent supports operations. Total monthly income totals $1,109/mo and a $685/mo payment preserves $272/mo for cash returns. Annual cash flow comes to $3,269/yr on $46,377 deployed, and return on cash invested reaches 26.96% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 9.51%. Five-year ROI measures 140.46% and total cumulative return in cash totals $65,139.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,109/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24382, Wytheville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,276 (100%) |
| Owner Occupied HU | 4,415 (60.7%) |
| Renter Occupied HU | 2,049 (28.2%) |
| Vacant Housing Units | 812 (11.2%) |
| Median Home Value | $210,562 |
| Average Home Value | $242,951 |
Housing Distribution
Address Breakdown
Residential
6,823
Single Family
6,788
Multi-Family
35
Businesses
883
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Listed by: Sherry Long • KW Wytheville
Mls Name: SWVAR
Mls ID: #100249