119 Averrell Ave #497WinchesterVA22603
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
Investment property for sale in Winchester at 119 Averrell Ave #497, Winchester, VA, 22603 offers a 9.02% rental yield on a $150,000 purchase with $1,128/mo rent. Total monthly income registers $1,128/mo, and a $734/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,778/yr on $49,725 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 132.55% and total cumulative return in cash at $65,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,128/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22603, Winchester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,543 (100%) |
| Owner Occupied HU | 4,839 (74.0%) |
| Renter Occupied HU | 1,427 (21.8%) |
| Vacant Housing Units | 277 ( 4.2%) |
| Median Home Value | $431,934 |
| Average Home Value | $440,880 |
Housing Distribution
Address Breakdown
Residential
6,604
Single Family
6,058
Multi-Family
546
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cameron Dejesus • Regency Lakes
Mls Name: My State MLS
Mls ID: #11537586