307 Monroe Point DrColonial BeachVA22443
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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 Colonial Beach at 307 Monroe Point Dr, Colonial Beach, VA, 22443 offers $2,437/mo rent that, after a $1,762/mo payment, leaves $285/mo cash flow. Total monthly income is $2,437/mo, and annual cash flow is $3,421/yr on $119,307 cash. Return on cash invested measures 22.78% in year one, and rental yield stands at 8.13% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 117.98% and total cumulative return in cash reaches $140,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,437/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22443, Colonial Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,839 (100%) |
| Owner Occupied HU | 3,383 (57.9%) |
| Renter Occupied HU | 1,082 (18.5%) |
| Vacant Housing Units | 1,374 (23.5%) |
| Median Home Value | $271,363 |
| Average Home Value | $347,355 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,873
Multi-Family
52
Businesses
254
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Listed by: Tabitha Fain • EXIT Mid-Rivers Realty
Mls Name: Bright MLS
Mls ID: #VAWE2009322