215 Rivers EdgeWilliamsburgVA23185
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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 215 Rivers Edge, Williamsburg, VA, 23185 earns from $5,242/mo rent with a $8,296/mo payment. Total monthly income totals $5,242/mo. ROI tracks 9.68% on current figures, and rental yield reads 3.71% at a $1,695,000 purchase. Equity gained on principal adds $10,938/yr, and 5% annual appreciation supports $468,297 over five years. Five-year ROI reaches 47.63% and total cumulative return in cash sums $261,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,242/mo property income instead of your personal income.
Condo
Built in 1998
7,579 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: Amy M McCarthy • Twiddy Realty
Mls Name: WMLS
Mls ID: #2503053