530 Broadway RdWythevilleVA24382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wytheville at 530 Broadway Rd, Wytheville, VA, 24382 with 5% annual appreciation on a $333,000 basis while $1,800/mo rent supports operations. 84% in year one. Equity gained on principal adds $2,149/yr, and five-year appreciation sums $92,002 alongside rental yield of 6.49%. Five-year ROI measures 91.48% and total cumulative return in cash totals $100,985. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,630/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
9.11 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitch Anders • United Country Anders Realty & Auction
Mls Name: SWVAR
Mls ID: #103919