211 Morris Ln LOT 165MontrossVA22520
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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 211 Morris Ln LOT 165, Montross, VA, 22520 uses $34,973 cash to close to unlock $2,049/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $801/mo, and a $516/mo payment keeps the spread at $171/mo. Purchase price stands at $105,500, and rental yield measures 9.11% with $801/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $29,148 over five years. Five-year ROI reaches 134% and total cumulative return in cash records $46,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $801/mo property income covering a $516/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
N/A 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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