182 Cutspring ArchWilliamsburgVA23185
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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 Williamsburg at 182 Cutspring Arch, Williamsburg, VA, 23185 priced at $289,000 pairs $2,849/mo rent with $1,121/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,849/mo, and annual cash flow comes to $13,451/yr on $95,804 invested. Return on cash invested is 33.95% in year one, and rental yield stands at 11.83% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 177.85% and total cumulative return in cash reaches $170,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,849/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2002
5,662 sqft lot
$N/A/sqft
No 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: David B Lassiter • Long & Foster Real Estate, Inc.
Mls Name: WMLS
Mls ID: #2503834