7543 River Hill LnWeyers CaveVA24486
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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 Weyers Cave at 7543 River Hill Ln, Weyers Cave, VA, 24486 uses $127,628 cash to close to unlock $3,551/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $2,597/mo, and a $1,884/mo payment keeps the spread at $296/mo. Purchase price stands at $385,000, and rental yield measures 8.09% with $2,597/mo rent. Return on cash invested shows 22.69% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 117.47% and total cumulative return in cash records $149,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,597/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1968
2.20 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
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Listed by: Pam Sipe • Old Dominion Realty Crossroads
Mls Name: CAAR
Mls Provider:
Mls ID: #664320