3630 Stone Mountain RdWiseVA24230
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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 Wise at 3630 Stone Mountain Rd, Wise, VA, 24230 earns $820/mo cash flow from $2,105/mo rent with a $1,052/mo payment. Total monthly income totals $2,105/mo, and annual cash flow totals $9,841/yr on $71,273 capital. ROI tracks 33.72% on current figures, and rental yield reads 11.75% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 176.69% and total cumulative return in cash sums $125,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,105/mo property income instead of your personal income.
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24230, Coeburn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,868 (100%) |
| Owner Occupied HU | 2,358 (61.0%) |
| Renter Occupied HU | 750 (19.4%) |
| Vacant Housing Units | 760 (19.6%) |
| Median Home Value | $139,552 |
| Average Home Value | $167,802 |
Housing Distribution
Address Breakdown
Residential
2,687
Single Family
2,665
Multi-Family
22
Businesses
149
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