6923 Shoestring TrlWilliamsburgWV24991
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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 Williamsburg at 6923 Shoestring Trl, Williamsburg, WV, 24991 earns $492/mo cash flow from $1,446/mo rent with a $807/mo payment. Total monthly income totals $1,446/mo, and annual cash flow totals $5,904/yr on $54,664 capital. ROI tracks 30.71% on current figures, and rental yield reads 10.52% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 160.21% and total cumulative return in cash sums $87,580. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,446/mo property income instead of your personal income.
Single Family
Built in 1940
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24991, Williamsburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 335 (100%) |
| Owner Occupied HU | 236 (70.4%) |
| Renter Occupied HU | 41 (12.2%) |
| Vacant Housing Units | 58 (17.3%) |
| Median Home Value | $155,000 |
| Average Home Value | $191,451 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
10
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Listed by: Liz Wickline • Country Road Realty, LLC
Mls Name: GVMLS
Mls ID: #26-3