1002 Kathy Ann Way WCarrolltonVA23314
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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 Carrollton at 1002 Kathy Ann Way W, Carrollton, VA, 23314 uses $92,906 cash to close to unlock $9,833/yr annual cash flow and $819/mo monthly cash flow. Total monthly income runs $2,495/mo, and a $1,372/mo payment keeps the spread at $819/mo. Purchase price stands at $280,260, and rental yield measures 10.68% with $2,495/mo rent. Return on cash invested shows 30.49% in year one, and 5% annual appreciation builds toward $77,431 over five years. Five-year ROI reaches 159.34% and total cumulative return in cash records $148,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,495/mo property income covering a $1,372/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23314, Carrollton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,391 (100%) |
| Owner Occupied HU | 3,098 (70.6%) |
| Renter Occupied HU | 1,001 (22.8%) |
| Vacant Housing Units | 292 ( 6.6%) |
| Median Home Value | $451,834 |
| Average Home Value | $522,582 |
Housing Distribution
Address Breakdown
Residential
4,094
Single Family
4,094
Multi-Family
0
Businesses
239
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Listed by: Penny Boyd • Pointe East Realty LLC
Mls Name: REIN Inc.
Mls ID: #10607536