3708 Jeremiah Wallace DrWilliamsburgVA23188
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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 3708 Jeremiah Wallace Dr, Williamsburg, VA, 23188 listed at $569,000 pairs $3,588/mo rent with a $2,785/mo payment to leave $187/mo cash flow. Total monthly income runs $3,588/mo, and annual cash flow reaches $2,239/yr on $187,201 cash to close. Return on cash invested measures 21.26% in year one, and rental yield registers 7.57% at a $569,000 basis. Equity gained on principal adds $3,672/yr, and annual property appreciation at 5% supports $157,204 by year five. Five-year ROI tracks 109.76% and total cumulative return in cash totals $205,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,588/mo property income relative to a $2,785/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
N/A 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: Simone Jones • Liz Moore & Associates LLC
Mls Name: REIN Inc.
Mls ID: #10609947