318 Newman StStrasburgVA22657
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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 Strasburg at 318 Newman St, Strasburg, VA, 22657 priced at $399,000 converts $2,040/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 16.78% in year one, and rental yield reads 6.14% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 85.76% and total cumulative return in cash sums $113,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 2017
6,273 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22657, Strasburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,636 (100%) |
| Owner Occupied HU | 3,821 (67.8%) |
| Renter Occupied HU | 1,423 (25.2%) |
| Vacant Housing Units | 392 ( 7.0%) |
| Median Home Value | $295,039 |
| Average Home Value | $322,860 |
Housing Distribution
Address Breakdown
Residential
5,306
Single Family
5,104
Multi-Family
202
Businesses
284
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