200 Lee StWest PointVA23181
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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 West Point at 200 Lee St, West Point, VA, 23181 priced at $514,990 pairs $2,520/mo rent with after a $2,521/mo payment. Total monthly income equals $2,520/mo. Return on cash invested is 16.1% in year one, and rental yield stands at 5.87% on a $514,990 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,282 by year five. Five-year ROI measures 82.13% and total cumulative return in cash reaches $139,162. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23181, West Point, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,721 (100%) |
| Owner Occupied HU | 2,009 (73.8%) |
| Renter Occupied HU | 522 (19.2%) |
| Vacant Housing Units | 190 ( 7.0%) |
| Median Home Value | $321,447 |
| Average Home Value | $389,561 |
Housing Distribution
Address Breakdown
Residential
1,901
Single Family
1,861
Multi-Family
40
Businesses
208
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Listed by: Kim S. Williams • Sears Real Estate & Appraisals
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #202500205