6234 Wheeler DrKing GeorgeVA22485
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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 King George at 6234 Wheeler Dr, King George, VA, 22485 generates $2,992/mo in rent and, after a $1,879/mo payment, leaves $697/mo in cash flow. Total monthly income is $2,992/mo, and annual cash flow is $8,365/yr on $127,263 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.35% on a $383,900 entry. Equity gained on principal adds $2,477/yr, while 5% annual appreciation builds toward $106,064 over five years. Five-year ROI reaches 137.84% and total cumulative return in cash sums $175,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,992/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22485, King George, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,856 (100%) |
| Owner Occupied HU | 8,140 (75.0%) |
| Renter Occupied HU | 2,009 (18.5%) |
| Vacant Housing Units | 707 ( 6.5%) |
| Median Home Value | $429,037 |
| Average Home Value | $457,620 |
Housing Distribution
Address Breakdown
Residential
10,053
Single Family
10,028
Multi-Family
25
Businesses
597
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Listed by: Krystal Commers • Belcher Real Estate, LLC.
Mls Name: Bright MLS
Mls ID: #VAKG2007046