24 Mile CrseWilliamsburgVA23185
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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 24 Mile Crse, Williamsburg, VA, 23185 at $670,000 posts ROI 19.34% with from $3,872/mo rent. Total monthly income equals $3,872/mo. Return on cash invested measures 19.34% and rental yield reads 6.93% at the current $670,000. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,109 by year five. Five-year ROI prints 99.48% and total cumulative return in cash totals $219,281. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.59 Acres 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: Edward Smith • Iron Valley Real Estate HR
Mls Name: REIN Inc.
Mls ID: #10609700