2981 Old Winchester RdBoyceVA22620
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
Rental property for sale in Boyce at 2981 Old Winchester Rd, Boyce, VA, 22620 generates $4,340/mo in rent and, after a $3,426/mo payment, leaves $156/mo in cash flow. Total monthly income is $4,340/mo, and annual cash flow is $1,868/yr on $230,300 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 7.44% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash sums $248,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,340/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22620, Boyce, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 877 (70.6%) |
| Renter Occupied HU | 187 (15.1%) |
| Vacant Housing Units | 178 (14.3%) |
| Median Home Value | $601,688 |
| Average Home Value | $697,486 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices