133 Parkway CtWilliamsburgVA23185
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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 Williamsburg at 133 Parkway Ct, Williamsburg, VA, 23185 earns $937/mo cash flow from $3,270/mo rent with a $1,835/mo payment. Total monthly income totals $3,270/mo, and annual cash flow totals $11,241/yr on $124,313 capital. ROI tracks 28.95% on current figures, and rental yield reads 10.46% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 151.37% and total cumulative return in cash sums $188,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,270/mo property income instead of your personal income.
Condo
Built in 2016
2,613 sqft lot
$N/A/sqft
$92 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23185, Williamsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 14,446 (61.7%) |
| Renter Occupied HU | 6,571 (28.1%) |
| Vacant Housing Units | 2,399 (10.2%) |
| Median Home Value | $462,783 |
| Average Home Value | $556,229 |
Housing Distribution
Address Breakdown
Residential
21,874
Single Family
19,466
Multi-Family
2,408
Businesses
1,505
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Listed by: Jim Mellen • Revolution Real Estate Services LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #2403420
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. 2024 WMLS. All rights reserved.