753 Weyers Cave RdWeyers CaveVA24486
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 753 Weyers Cave Rd, Weyers Cave, VA, 24486 in Weyers Cave: $2,215/mo in rent, $303/mo in net income, 8.31% gross yield, 1.54 DSCR, all at $319,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $88,382 in appreciation and $2,946/yr in principal paydown projects total cumulative return of $140,555.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $303 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,215 |
| Total Monthly Debt Service | $1,785 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24486, Weyers Cave, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,508 (100%) |
| Owner Occupied HU | 1,207 (80.0%) |
| Renter Occupied HU | 227 (15.1%) |
| Vacant Housing Units | 74 ( 4.9%) |
| Median Home Value | $348,842 |
| Average Home Value | $383,575 |
Housing Distribution
Address Breakdown
Residential
1,472
Single Family
1,375
Multi-Family
97
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1985
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24486, Weyers Cave, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,508 (100%) |
| Owner Occupied HU | 1,207 (80.0%) |
| Renter Occupied HU | 227 (15.1%) |
| Vacant Housing Units | 74 ( 4.9%) |
| Median Home Value | $348,842 |
| Average Home Value | $383,575 |
Housing Distribution
Address Breakdown
Residential
1,472
Single Family
1,375
Multi-Family
97
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Sponaugle • RE/MAX Performance Realty
Mls Name: HRAR
Mls ID: #663522
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.