559 Wightman RdChase CityVA23924








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
Rental property for sale in Chase City at 559 Wightman Rd, Chase City, VA, 23924 offers $3,188/mo rent that, after a $7,337/mo payment. Total monthly income is $3,188/mo. Return on cash invested measures 6.11% in year one, and rental yield stands at 2.55% at a $1,499,000 entry. Equity gained on principal adds $9,673/yr while 5% annual appreciation compounds into $414,146 by year five. Five-year ROI records 28.45% and total cumulative return in cash reaches $138,177. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,188/mo property income versus a $7,337/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
44.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23924, Chase City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,032 (100%) |
| Owner Occupied HU | 1,745 (57.6%) |
| Renter Occupied HU | 713 (23.5%) |
| Vacant Housing Units | 574 (18.9%) |
| Median Home Value | $143,473 |
| Average Home Value | $203,683 |
Housing Distribution
Address Breakdown
Residential
2,707
Single Family
2,630
Multi-Family
77
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Colby Bailey • Southern Pine Realty Solutions
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #71125
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.








