142 Colony WayMontrossVA22520
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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 Montross at 142 Colony Way, Montross, VA, 22520 uses $125,804 cash to close to unlock $274/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $2,291/mo, and a $1,857/mo payment keeps the spread at $23/mo. Purchase price stands at $379,500, and rental yield measures 7.24% with $2,291/mo rent. Return on cash invested shows 20.13% in year one, and 5% annual appreciation builds toward $104,849 over five years. Five-year ROI reaches 103.72% and total cumulative return in cash records $130,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,291/mo property income covering a $1,857/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22520, Montross, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,492 (100%) |
| Owner Occupied HU | 1,977 (56.6%) |
| Renter Occupied HU | 530 (15.2%) |
| Vacant Housing Units | 985 (28.2%) |
| Median Home Value | $318,399 |
| Average Home Value | $365,102 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,696
Multi-Family
2
Businesses
193
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