298 Warrens LnCallaoVA22435
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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 Callao at 298 Warrens Ln, Callao, VA, 22435 offers $2,298/mo rent that, after a $2,051/mo payment. Total monthly income is $2,298/mo. Return on cash invested measures 18.12% in year one, and rental yield stands at 6.58% at a $419,000 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,762 by year five. Five-year ROI records 93.01% and total cumulative return in cash reaches $129,185. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,298/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
68.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22435, Callao, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,246 (100%) |
| Owner Occupied HU | 786 (63.1%) |
| Renter Occupied HU | 181 (14.5%) |
| Vacant Housing Units | 279 (22.4%) |
| Median Home Value | $231,250 |
| Average Home Value | $336,307 |
Housing Distribution
Address Breakdown
Residential
860
Single Family
853
Multi-Family
7
Businesses
99
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