79 Meriwether CirStuarts DraftVA24477



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


Investment Highlights
Investment property for sale in Stuarts Draft at 79 Meriwether Cir, Stuarts Draft, VA, 24477 listed at $349,000 pairs $2,160/mo rent with a $1,708/mo payment to leave $74/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $887/yr on $115,694 cash to close. Return on cash invested measures 20.68% in year one, and rental yield registers 7.43% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 106.68% and total cumulative return in cash totals $123,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24477, Stuarts Draft, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,623 (74.4%) |
| Renter Occupied HU | 980 (20.1%) |
| Vacant Housing Units | 268 ( 5.5%) |
| Median Home Value | $298,170 |
| Average Home Value | $328,375 |
Housing Distribution
Address Breakdown
Residential
4,643
Single Family
4,497
Multi-Family
146
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Hamed Abouzied • PREMIER PROPERTIES
Mls Name: GASAOR
Mls Provider:
Mls ID: #662842
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.







