6733 Floyd Hwy SWillisVA24380
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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 Willis at 6733 Floyd Hwy S, Willis, VA, 24380 generates $6,146/mo in rent and, after a $3,500/mo payment, leaves $1,871/mo in cash flow. Total monthly income is $6,146/mo, and annual cash flow is $22,457/yr on $235,235 invested. Return on cash invested sits at 29.61% in year one, and rental yield is 10.31% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 154.54% and total cumulative return in cash sums $363,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,146/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
13.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24380, Willis, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,506 (100%) |
| Owner Occupied HU | 962 (63.9%) |
| Renter Occupied HU | 213 (14.1%) |
| Vacant Housing Units | 331 (22.0%) |
| Median Home Value | $220,000 |
| Average Home Value | $280,229 |
Housing Distribution
Address Breakdown
Residential
1,268
Single Family
1,268
Multi-Family
0
Businesses
61
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