238 12th StColonial BeachVA22443
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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 Colonial Beach at 238 12th St, Colonial Beach, VA, 22443 uses $62,919 cash to close to unlock $14,345/yr annual cash flow and $1,195/mo monthly cash flow. Total monthly income runs $2,330/mo, and a $929/mo payment keeps the spread at $1,195/mo. Purchase price stands at $189,800, and rental yield measures 14.73% with $2,330/mo rent. Return on cash invested shows 42.71% in year one, and 5% annual appreciation builds toward $52,438 over five years. Five-year ROI reaches 224.88% and total cumulative return in cash records $141,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,330/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22443, Colonial Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,839 (100%) |
| Owner Occupied HU | 3,383 (57.9%) |
| Renter Occupied HU | 1,082 (18.5%) |
| Vacant Housing Units | 1,374 (23.5%) |
| Median Home Value | $271,363 |
| Average Home Value | $347,355 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,873
Multi-Family
52
Businesses
254
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