1773 Wade RdPittsvilleVA24139
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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 Pittsville at 1773 Wade Rd, Pittsville, VA, 24139 earns from $1,136/mo rent with a $978/mo payment. Total monthly income totals $1,136/mo. ROI tracks 18.85% on current figures, and rental yield reads 6.82% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 96.94% and total cumulative return in cash sums $64,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,136/mo property income instead of your personal income.
Manufactured
Built in 1985
8.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24139, Pittsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 399 (100%) |
| Owner Occupied HU | 260 (65.2%) |
| Renter Occupied HU | 47 (11.8%) |
| Vacant Housing Units | 92 (23.1%) |
| Median Home Value | $162,857 |
| Average Home Value | $250,125 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
4
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Listed by: Don Ashworth • WATTS AUCTION REALTY
Mls Name: Dan River Region AOR
Mls ID: #75184