107 Packett CtKing WilliamVA23086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 King William at 107 Packett Ct, King William, VA, 23086 priced at $306,990 converts $2,564/mo rent into $728/mo cash flow after a $1,503/mo obligation. Total monthly income equals $2,564/mo, and annual cash flow totals $8,741/yr on $101,767 invested. Return on cash invested prints 28.5% in year one, and rental yield reads 10.02% against a $306,990 entry. Equity gained on principal adds $1,981/yr, while 5% annual appreciation compiles into $84,816 by year five. Five-year ROI reaches 148.66% and total cumulative return in cash sums $151,282. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,564/mo property income covering a $1,503/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23086, King William, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,218 (82.3%) |
| Renter Occupied HU | 150 (10.1%) |
| Vacant Housing Units | 112 ( 7.6%) |
| Median Home Value | $331,905 |
| Average Home Value | $362,874 |
Housing Distribution
Address Breakdown
Residential
1,380
Single Family
1,380
Multi-Family
0
Businesses
106
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Nearby investment properties with comparable prices
Listed by: John Thiel • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2527865