2117 Wilson Memorial TrlVernon HillVA24597
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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 Vernon Hill at 2117 Wilson Memorial Trl, Vernon Hill, VA, 24597 generates $0/mo in rent, after a $1,027/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.72% in year one, and rental yield is 0% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
5.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24597, Vernon Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 591 (100%) |
| Owner Occupied HU | 367 (62.1%) |
| Renter Occupied HU | 84 (14.2%) |
| Vacant Housing Units | 140 (23.7%) |
| Median Home Value | $237,766 |
| Average Home Value | $267,732 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
11
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Listed by: Jimmy Cole • HAUSER REALTY GROUP
Mls Name: Dan River Region AOR
Mls ID: #74790