180 Newell DrMiddletownVA22645
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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 Middletown at 180 Newell Dr, Middletown, VA, 22645 priced at $1,250,000 converts $6,236/mo rent into after a $6,118/mo obligation. Total monthly income equals $6,236/mo. Return on cash invested prints 16.71% in year one, and rental yield reads 5.99% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 85.29% and total cumulative return in cash sums $345,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,236/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 2007
5.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22645, Middletown, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,113 (100%) |
| Owner Occupied HU | 1,604 (75.9%) |
| Renter Occupied HU | 375 (17.7%) |
| Vacant Housing Units | 134 ( 6.3%) |
| Median Home Value | $450,113 |
| Average Home Value | $543,586 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,835
Multi-Family
54
Businesses
103
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Listed by: Melinda Ball • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #VAFV2034590