128 11th StColonial BeachVA22443
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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
Investment property for sale in Colonial Beach at 128 11th St, Colonial Beach, VA, 22443 uses $112,677 cash to close to unlock $4,485/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $2,406/mo, and a $1,664/mo payment keeps the spread at $374/mo. Purchase price stands at $339,900, and rental yield measures 8.49% with $2,406/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 123.91% and total cumulative return in cash records $139,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,406/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22443, Colonial Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,839 (100%) |
| Owner Occupied HU | 3,383 (57.9%) |
| Renter Occupied HU | 1,082 (18.5%) |
| Vacant Housing Units | 1,374 (23.5%) |
| Median Home Value | $271,363 |
| Average Home Value | $347,355 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,873
Multi-Family
52
Businesses
254
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Listed by: Tammy Locklerr • RE/MAX Supercenter
Mls Name: Bright MLS
Mls ID: #VAWE2010144