110 Elaine DrWinchesterVA22602
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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
Rental property for sale in Winchester at 110 Elaine Dr, Winchester, VA, 22602 priced at $459,990 converts $2,310/mo rent into after a $2,251/mo obligation. Total monthly income equals $2,310/mo. Return on cash invested prints 16.45% in year one, and rental yield reads 6.03% against a $459,990 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,087 by year five. Five-year ROI reaches 84.03% and total cumulative return in cash sums $128,134. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1990
9,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22602, Winchester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,465 (78.5%) |
| Renter Occupied HU | 2,304 (17.3%) |
| Vacant Housing Units | 559 ( 4.2%) |
| Median Home Value | $396,960 |
| Average Home Value | $432,452 |
Housing Distribution
Address Breakdown
Residential
12,773
Single Family
12,646
Multi-Family
127
Businesses
596
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Listed by: JoAnn Walker • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #VAFV2039216