213 Edgewater LnWoodlawnVA24381
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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 Woodlawn at 213 Edgewater Ln, Woodlawn, VA, 24381 uses $78,897 cash to close to unlock $8,342/yr annual cash flow and $695/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,165/mo payment keeps the spread at $695/mo. Purchase price stands at $238,000, and rental yield measures 10.68% with $2,118/mo rent. Return on cash invested shows 30.48% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 159.3% and total cumulative return in cash records $125,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 2014
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24381, Woodlawn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,343 (66.2%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 349 (17.2%) |
| Median Home Value | $165,189 |
| Average Home Value | $202,608 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
84
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Listed by: Eden Carpenter • Berkshire Hathaway Home Services Mountain Sky Properties-Hillsv
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #424148
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