303 Milburn WayWhite StoneVA22578
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 White Stone at 303 Milburn Way, White Stone, VA, 22578 offers a 10.01% rental yield on a $335,000 purchase with $2,794/mo rent. Total monthly income registers $2,794/mo, and a $1,640/mo payment leaves $791/mo available for distribution. Annual cash flow reaches $9,493/yr on $111,053 to close, and return on cash invested stands at 28.46% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 148.45% and total cumulative return in cash at $164,852. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,794/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22578, White Stone, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,930 (100%) |
| Owner Occupied HU | 994 (51.5%) |
| Renter Occupied HU | 209 (10.8%) |
| Vacant Housing Units | 727 (37.7%) |
| Median Home Value | $531,128 |
| Average Home Value | $607,342 |
Housing Distribution
Address Breakdown
Residential
1,377
Single Family
1,377
Multi-Family
0
Businesses
130
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Listed by: Remmie Pittman • The Hogan Group Real Estate
Mls Name: CVRMLS
Mls ID: #2524226