10202 Spring Creek DrSpotsylvaniaVA22553
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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 Spotsylvania at 10202 Spring Creek Dr, Spotsylvania, VA, 22553 offers a 7.27% rental yield on a $549,000 purchase with $3,325/mo rent. Total monthly income registers $3,325/mo, and a $2,687/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $519/yr on $180,621 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 104.9% and total cumulative return in cash at $189,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,325/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22553, Spotsylvania, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 4,810 (78.1%) |
| Renter Occupied HU | 1,001 (16.3%) |
| Vacant Housing Units | 345 ( 5.6%) |
| Median Home Value | $518,692 |
| Average Home Value | $535,731 |
Housing Distribution
Address Breakdown
Residential
6,110
Single Family
5,950
Multi-Family
160
Businesses
428
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Listed by: Robert Donovan • Donovan & Associates Realty
Mls Name: Bright MLS
Mls ID: #VASP2036894