6058 Riner RdRinerVA24149
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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 Riner at 6058 Riner Rd, Riner, VA, 24149 uses $71,273 cash to close to unlock $2,077/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $1,458/mo, and a $1,052/mo payment keeps the spread at $173/mo. Purchase price stands at $215,000, and rental yield measures 8.14% with $1,458/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash records $84,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,458/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24149, Riner, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,481 (100%) |
| Owner Occupied HU | 1,170 (79.0%) |
| Renter Occupied HU | 169 (11.4%) |
| Vacant Housing Units | 142 ( 9.6%) |
| Median Home Value | $347,198 |
| Average Home Value | $361,970 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
77
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