11 Mercers WayIrvingtonVA22480
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 Irvington at 11 Mercers Way, Irvington, VA, 22480 priced at $329,900 pairs $2,513/mo rent with $541/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,513/mo, and annual cash flow comes to $6,487/yr on $109,362 invested. Return on cash invested is 25.84% in year one, and rental yield stands at 9.14% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 134.39% and total cumulative return in cash reaches $146,967. For financing, Ziffy Mortgage’s DSCR program evaluates $2,513/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22480, Irvington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 782 (100%) |
| Owner Occupied HU | 321 (41.0%) |
| Renter Occupied HU | 204 (26.1%) |
| Vacant Housing Units | 257 (32.9%) |
| Median Home Value | $357,979 |
| Average Home Value | $472,040 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
304
Multi-Family
160
Businesses
113
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