2983 Old Winchester RdBoyceVA22620
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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 Boyce at 2983 Old Winchester Rd, Boyce, VA, 22620 earns from $3,174/mo rent with a $6,240/mo payment. Total monthly income totals $3,174/mo. ROI tracks 7.45% on current figures, and rental yield reads 2.99% at a $1,275,000 purchase. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 over five years. Five-year ROI reaches 35.65% and total cumulative return in cash sums $147,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,174/mo property income instead of your personal income.
Single Family
Built in 2000
44.17 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
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