1818 Burnt Chimney RdWirtzVA24184
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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 Wirtz at 1818 Burnt Chimney Rd, Wirtz, VA, 24184 offers a 8.71% rental yield on a $410,000 purchase with $2,977/mo rent. Total monthly income registers $2,977/mo, and a $2,007/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,310/yr on $135,915 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 127.46% and total cumulative return in cash at $173,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,977/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24184, Wirtz, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,573 (67.3%) |
| Renter Occupied HU | 270 (11.6%) |
| Vacant Housing Units | 494 (21.1%) |
| Median Home Value | $344,590 |
| Average Home Value | $441,600 |
Housing Distribution
Address Breakdown
Residential
2,198
Single Family
2,198
Multi-Family
0
Businesses
113
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