3782 W Lee HwyWythevilleVA24382
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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 Wytheville at 3782 W Lee Hwy, Wytheville, VA, 24382 offers $3,211/mo rent that, after a $1,322/mo payment, leaves $1,597/mo cash flow. Total monthly income is $3,211/mo, and annual cash flow is $19,158/yr on $89,505 cash. Return on cash invested measures 41.31% in year one, and rental yield stands at 14.27% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 217.37% and total cumulative return in cash reaches $194,557. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,211/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24382, Wytheville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,276 (100%) |
| Owner Occupied HU | 4,415 (60.7%) |
| Renter Occupied HU | 2,049 (28.2%) |
| Vacant Housing Units | 812 (11.2%) |
| Median Home Value | $210,562 |
| Average Home Value | $242,951 |
Housing Distribution
Address Breakdown
Residential
6,823
Single Family
6,788
Multi-Family
35
Businesses
883
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Listed by: Joseph Dixon • BHHS- Mountain Sky Properties-Hillsville
Mls Name: SWVAR
Mls Provider:
Mls ID: #99502