88 Royal Tern StWirtzVA24184
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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 Wirtz at 88 Royal Tern St, Wirtz, VA, 24184 priced at $529,000 pairs $2,702/mo rent with after a $2,589/mo payment. Total monthly income equals $2,702/mo. Return on cash invested is 16.89% in year one, and rental yield stands at 6.13% on a $529,000 basis. Equity gained on principal adds $3,414/yr, and 5% annual appreciation accumulates to $146,153 by year five. Five-year ROI measures 86.33% and total cumulative return in cash reaches $150,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,702/mo property income against a $2,589/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24184, Wirtz, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,573 (67.3%) |
| Renter Occupied HU | 270 (11.6%) |
| Vacant Housing Units | 494 (21.1%) |
| Median Home Value | $344,590 |
| Average Home Value | $441,600 |
Housing Distribution
Address Breakdown
Residential
2,198
Single Family
2,198
Multi-Family
0
Businesses
113
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