1156 Hitchens LnWilliamsburgVA23188
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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 1156 Hitchens Ln, Williamsburg, VA, 23188 generates $2,915/mo in rent and, after a $2,100/mo payment, leaves $276/mo in cash flow. Total monthly income is $2,915/mo, and annual cash flow is $3,315/yr on $142,214 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 8.15% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 115.31% and total cumulative return in cash sums $163,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,915/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
4,268 sqft lot
$N/A/sqft
$74 monthly 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: Dan Clark • Douglas Realty of Virginia, LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #2501023
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the WMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firms. 2025 WMLS. All rights reserved.