195 Showalter Rd NWWillisVA24380
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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
Rental property for sale in Willis at 195 Showalter Rd NW, Willis, VA, 24380 priced at $499,900 converts $2,813/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,813/mo. Return on cash invested prints 18.64% in year one, and rental yield reads 6.75% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 95.75% and total cumulative return in cash sums $158,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,813/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1996
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24380, Willis, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,506 (100%) |
| Owner Occupied HU | 962 (63.9%) |
| Renter Occupied HU | 213 (14.1%) |
| Vacant Housing Units | 331 (22.0%) |
| Median Home Value | $220,000 |
| Average Home Value | $280,229 |
Housing Distribution
Address Breakdown
Residential
1,268
Single Family
1,268
Multi-Family
0
Businesses
61
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Listed by: Darin Greear • LONG & FOSTER - NEW RIVER VALLEY
Mls Name: RVAR
Mls Provider:
Mls ID: #915542
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