113 Red Dirt RdWilliamsburgVA23188
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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
Total monthly income runs $2,288/mo, and a $1,919/mo payment. Purchase price stands at $392,000, and rental yield measures 7% with $2,288/mo rent. Return on cash invested shows 19.39% in year one, and 5% annual appreciation builds toward $108,302 over five years. Five-year ROI reaches 99.83% and total cumulative return in cash records $129,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,288/mo property income covering a $1,919/mo payment rather than investor’s personal income.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23188, Williamsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,339 (100%) |
| Owner Occupied HU | 15,425 (69.0%) |
| Renter Occupied HU | 5,519 (24.7%) |
| Vacant Housing Units | 1,395 ( 6.2%) |
| Median Home Value | $472,264 |
| Average Home Value | $521,600 |
Housing Distribution
Address Breakdown
Residential
21,377
Single Family
19,247
Multi-Family
2,130
Businesses
1,661
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Listed by: Duke Morisset • All Homes Real Estate Group
Mls Name: REIN Inc.
Mls ID: #10614944