4024 Prospect StWilliamsburgVA23185
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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 Williamsburg at 4024 Prospect St, Williamsburg, VA, 23185 generates $3,292/mo in rent and, after a $2,251/mo payment, leaves $543/mo in cash flow. Total monthly income is $3,292/mo, and annual cash flow is $6,512/yr on $152,490 invested. Return on cash invested sits at 24.18% in year one, and rental yield is 8.59% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 125.46% and total cumulative return in cash sums $191,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,292/mo property income rather than buyer’s personal income.
Townhouse
Built in 2017
2,134 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: Kim Seay • RE/MAX Capital
Mls Name: REIN Inc.
Mls ID: #10593048