229 Woodmere Dr APT CWilliamsburgVA23185
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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 229 Woodmere Dr APT C, Williamsburg, VA, 23185 offers a 8.66% rental yield on a $320,000 purchase with $2,310/mo rent. Total monthly income registers $2,310/mo, and a $1,566/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,768/yr on $106,080 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 126.7% and total cumulative return in cash at $134,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,310/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A 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: Matthew Gonzalez • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10606867