2531 Hockman AveWinchesterVA22601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Winchester at 2531 Hockman Ave, Winchester, VA, 22601 offers a 12.14% rental yield on a $185,000 purchase with $1,872/mo rent. Total monthly income registers $1,872/mo, and a $905/mo payment leaves $767/mo available for distribution. Annual cash flow reaches $9,199/yr on $61,328 to close, and return on cash invested stands at 34.91% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 183.03% and total cumulative return in cash at $112,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,872/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22601, Winchester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,288 (100%) |
| Owner Occupied HU | 5,703 (42.9%) |
| Renter Occupied HU | 6,603 (49.7%) |
| Vacant Housing Units | 982 ( 7.4%) |
| Median Home Value | $398,559 |
| Average Home Value | $439,296 |
Housing Distribution
Address Breakdown
Residential
13,122
Single Family
11,651
Multi-Family
1,471
Businesses
1,946
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nadeem Helfer • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAWI2008764