1005 Queens XingWilliamsburgVA23185
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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 Williamsburg at 1005 Queens Xing, Williamsburg, VA, 23185 uses $86,190 cash to close to unlock $9,304/yr annual cash flow and $775/mo monthly cash flow. Total monthly income runs $2,330/mo, and a $1,273/mo payment keeps the spread at $775/mo. Purchase price stands at $260,000, and rental yield measures 10.75% with $2,330/mo rent. Return on cash invested shows 30.7% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 160.49% and total cumulative return in cash records $138,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,330/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23185, Williamsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 14,446 (61.7%) |
| Renter Occupied HU | 6,571 (28.1%) |
| Vacant Housing Units | 2,399 (10.2%) |
| Median Home Value | $462,783 |
| Average Home Value | $556,229 |
Housing Distribution
Address Breakdown
Residential
21,874
Single Family
19,466
Multi-Family
2,408
Businesses
1,505
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Listed by: N/A • N/A
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