6281 Burnt Chimney RdWirtzVA24184
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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 Wirtz at 6281 Burnt Chimney Rd, Wirtz, VA, 24184 generates $1,762/mo in rent and, after a $1,204/mo payment, leaves $292/mo in cash flow. Total monthly income is $1,762/mo, and annual cash flow is $3,499/yr on $81,516 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 8.6% on a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation builds toward $67,938 over five years. Five-year ROI reaches 125.61% and total cumulative return in cash sums $102,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24184, Wirtz, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,573 (67.3%) |
| Renter Occupied HU | 270 (11.6%) |
| Vacant Housing Units | 494 (21.1%) |
| Median Home Value | $344,590 |
| Average Home Value | $441,600 |
Housing Distribution
Address Breakdown
Residential
2,198
Single Family
2,198
Multi-Family
0
Businesses
113
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