1938 Kennington Park Rd UNIT AA 1AylettVA23009
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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 Aylett at 1938 Kennington Park Rd UNIT AA 1, Aylett, VA, 23009 offers a 9.58% rental yield on a $309,000 purchase with $2,467/mo rent. Total monthly income registers $2,467/mo, and a $1,512/mo payment leaves $465/mo available for distribution. Annual cash flow reaches $5,583/yr on $102,434 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 132.48% and total cumulative return in cash at $135,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,467/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
3,789 sqft lot
$N/A/sqft
$155 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23009, Aylett, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,514 (100%) |
| Owner Occupied HU | 2,937 (83.6%) |
| Renter Occupied HU | 429 (12.2%) |
| Vacant Housing Units | 148 ( 4.2%) |
| Median Home Value | $321,593 |
| Average Home Value | $336,692 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,342
Multi-Family
0
Businesses
160
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Listed by: Ronnie Joswick • Ingram & Associates-Hopewell
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2428856
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.