60 Yahweh LnPatrick SpringsVA24133
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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 Patrick Springs at 60 Yahweh Ln, Patrick Springs, VA, 24133 priced at $189,000 converts $1,456/mo rent into $326/mo cash flow after a $925/mo obligation. Total monthly income equals $1,456/mo, and annual cash flow totals $3,915/yr on $62,654 invested. Return on cash invested prints 26.16% in year one, and rental yield reads 9.24% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 136.14% and total cumulative return in cash sums $85,294. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,456/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24133, Patrick Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 763 (67.0%) |
| Renter Occupied HU | 189 (16.6%) |
| Vacant Housing Units | 186 (16.3%) |
| Median Home Value | $149,764 |
| Average Home Value | $204,161 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
1,019
Multi-Family
0
Businesses
53
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Listed by: Pamela Montgomery • Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424081
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