320 Mershon WayWilliamsburgVA23185
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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 320 Mershon Way, Williamsburg, VA, 23185 offers a 8.57% rental yield on a $404,900 purchase with $2,890/mo rent. Total monthly income registers $2,890/mo, and a $1,982/mo payment leaves $469/mo available for distribution. Annual cash flow reaches $5,632/yr on $134,224 to close, and return on cash invested stands at 24.11% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,866 over five years. Portfolio math shows five-year ROI at 125.08% and total cumulative return in cash at $167,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,890/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23185, Williamsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 14,446 (61.7%) |
| Renter Occupied HU | 6,571 (28.1%) |
| Vacant Housing Units | 2,399 (10.2%) |
| Median Home Value | $462,783 |
| Average Home Value | $556,229 |
Housing Distribution
Address Breakdown
Residential
21,874
Single Family
19,466
Multi-Family
2,408
Businesses
1,505
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Listed by: Faith Turner • CENTURY 21 Nachman Realty
Mls Name: REIN Inc.
Mls ID: #10603946