578 Wilderness Rd, Rustburg, VA, 24588 | 5.81% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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578 Wilderness Rd, Rustburg, VA, 24588 | 5.81% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rustburg at 578 Wilderness Rd, Rustburg, VA, 24588 offers $2,034/mo rent that, after a $2,055/mo payment. Total monthly income is $2,034/mo. Return on cash invested measures 15.81% in year one, and rental yield stands at 5.81% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 80.59% and total cumulative return in cash reaches $112,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

1.23 Acres lot

$N/A/sqft

No HOA

More details about the property

This property boasts an excellent location at the end of a quiet cul-de-sac, providing a private atmosphere complemented by a fenced backyard. Spanning over an acre, the landscape features a blend of traditional and dry scaping, highlighted by a stunning weeping willow. The home includes covered parking under a two-car carport and ample outdoor space for enjoyment. Inside, the main level offers a spacious living area with vaulted ceilings and a beautifully updated kitchen (2yrs), showcasing a new backsplash, granite countertops, and modern stainless steel appliances. The main floor also comprises three bedrooms and two full bathrooms. The terrace level features a large game room, an additional full bath, a laundry room, and a sizable separate room that was previously utilized as a fourth bedroom, though it lacks a closet. The roof is 2years old, new LVL flooring last year throughout, as well as new hardwood stair treads.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,025 (100%)
Owner Occupied HU	2,961 (73.6%)
Renter Occupied HU	721 (17.9%)
Vacant Housing Units	343 ( 8.5%)
Median Home Value	$254,650
Average Home Value	$251,510