955 Beechtree Rd NEWiseVA24293
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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 Wise at 955 Beechtree Rd NE, Wise, VA, 24293 at $450,000 posts ROI 18.67% with from $2,537/mo rent. Total monthly income equals $2,537/mo. Return on cash invested measures 18.67% and rental yield reads 6.77% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 95.96% and total cumulative return in cash totals $143,142. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,537/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24293, Wise, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,926 (63.6%) |
| Renter Occupied HU | 1,056 (23.0%) |
| Vacant Housing Units | 617 (13.4%) |
| Median Home Value | $147,257 |
| Average Home Value | $186,067 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,726
Multi-Family
72
Businesses
313
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Listed by: Brenda Hill • Appalachian Realty Executives, LLC
Mls Name: TVRMLS
Mls ID: #9977050
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