286 Wilmeth 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
Investment property for sale in Weber City at 286 Wilmeth St, Weber City, VA, 24290 uses $56,355 cash to close to unlock $5,134/yr annual cash flow and $428/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $832/mo payment keeps the spread at $428/mo. Purchase price stands at $170,000, and rental yield measures 10.19% with $1,444/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 151.43% and total cumulative return in cash records $85,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1945
N/A 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: Amy Duncan • Century 21 Legacy Fort Henry
Mls Name: TVRMLS
Mls ID: #9986228