317 Farmville LnWilliamsburgVA23188
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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 Williamsburg at 317 Farmville Ln, Williamsburg, VA, 23188 with 5% annual appreciation on a $369,000 basis while $2,621/mo rent supports operations. Total monthly income totals $2,621/mo and a $1,806/mo payment preserves $415/mo for cash returns. Annual cash flow comes to $4,983/yr on $122,324 deployed, and return on cash invested reaches 23.98% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 8.52%. Five-year ROI measures 124.44% and total cumulative return in cash totals $152,223.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,621/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23188, Williamsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,339 (100%) |
| Owner Occupied HU | 15,425 (69.0%) |
| Renter Occupied HU | 5,519 (24.7%) |
| Vacant Housing Units | 1,395 ( 6.2%) |
| Median Home Value | $472,264 |
| Average Home Value | $521,600 |
Housing Distribution
Address Breakdown
Residential
21,377
Single Family
19,247
Multi-Family
2,130
Businesses
1,661
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Listed by: Jenna Heuser • Garrett Realty Partners
Mls Name: REIN Inc.
Mls ID: #10589341