55 Wyer StWeyers CaveVA24486
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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 Weyers Cave at 55 Wyer St, Weyers Cave, VA, 24486 listed at $385,000 pairs $2,729/mo rent with a $1,884/mo payment to leave $428/mo cash flow. Total monthly income runs $2,729/mo, and annual cash flow reaches $5,135/yr on $127,628 cash to close. Return on cash invested measures 23.93% in year one, and rental yield registers 8.51% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 124.14% and total cumulative return in cash totals $158,434. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,729/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24486, Weyers Cave, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,508 (100%) |
| Owner Occupied HU | 1,207 (80.0%) |
| Renter Occupied HU | 227 (15.1%) |
| Vacant Housing Units | 74 ( 4.9%) |
| Median Home Value | $348,842 |
| Average Home Value | $383,575 |
Housing Distribution
Address Breakdown
Residential
1,472
Single Family
1,375
Multi-Family
97
Businesses
127
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Listed by: KIERSTIN ROADCAP • FREEDOM REALTY GROUP LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #668946