2940 Grace StWinchesterVA22601
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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
Rental property for sale in Winchester at 2940 Grace St, Winchester, VA, 22601 priced at $345,100 converts $2,062/mo rent into after a $1,689/mo obligation. Total monthly income equals $2,062/mo. Return on cash invested prints 19.9% in year one, and rental yield reads 7.17% against a $345,100 entry. Equity gained on principal adds $2,227/yr, while 5% annual appreciation compiles into $95,345 by year five. Five-year ROI reaches 102.54% and total cumulative return in cash sums $117,311. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1955
N/A 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
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Listed by: N/A • N/A
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