2101 Promenade Ln UNIT 21-01WilliamsburgVA23185
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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 2101 Promenade Ln UNIT 21-01, Williamsburg, VA, 23185 earns from $2,063/mo rent with a $1,713/mo payment. Total monthly income totals $2,063/mo. ROI tracks 19.61% on current figures, and rental yield reads 7.07% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 100.93% and total cumulative return in cash sums $117,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,063/mo property income instead of your personal income.
Townhouse
Built in 2018
2,408 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: Debra Spencer • Spencer Realty of Virginia LTD
Mls Name: REIN Inc.
Mls ID: #10609286