244 Chapel StWeber CityVA24290
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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 Weber City at 244 Chapel St, Weber City, VA, 24290 generates $1,682/mo in rent and, after a $1,023/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,682/mo, and annual cash flow is $5,191/yr on $69,284 invested. Return on cash invested sits at 27.4% in year one, and rental yield is 9.66% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 142.77% and total cumulative return in cash sums $98,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,682/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24290, Weber City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 588 (61.9%) |
| Renter Occupied HU | 205 (21.6%) |
| Vacant Housing Units | 157 (16.5%) |
| Median Home Value | $145,455 |
| Average Home Value | $159,273 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
882
Multi-Family
0
Businesses
116
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Listed by: Lori Fletcher • Conservus Homes
Mls Name: TVRMLS
Mls ID: #9986915