318 Meadow Lark 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 318 Meadow Lark St, Weber City, VA, 24290 at $198,000 posts ROI 31.18% with $617/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $7,398/yr on $65,637 to close. Return on cash invested measures 31.18% and rental yield reads 10.91% at the current $198,000. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 by year five. Five-year ROI prints 163.05% and total cumulative return in cash totals $107,020.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.40 Acres 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: Amanda Green • Century 21 Legacy Fort Henry
Mls Name: TVRMLS
Mls ID: #9990421