114 King Henry WayWilliamsburgVA23188
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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 Williamsburg at 114 King Henry Way, Williamsburg, VA, 23188 offers $2,664/mo rent that, after a $1,713/mo payment, leaves $572/mo cash flow. Total monthly income is $2,664/mo, and annual cash flow is $6,862/yr on $116,025 cash. Return on cash invested measures 25.82% in year one, and rental yield stands at 9.13% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 134.28% and total cumulative return in cash reaches $155,798. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,664/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
N/A 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: Wendy Robinson • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10606302