419 Summit AveWinchesterVA22601
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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 Winchester at 419 Summit Ave, Winchester, VA, 22601 priced at $479,999 pairs $2,502/mo rent with after a $2,349/mo payment. Total monthly income equals $2,502/mo. Return on cash invested is 17.14% in year one, and rental yield stands at 6.26% on a $479,999 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 87.71% and total cumulative return in cash reaches $139,564. For financing, Ziffy Mortgage’s DSCR program evaluates $2,502/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
10,716 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22601, Winchester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,288 (100%) |
| Owner Occupied HU | 5,703 (42.9%) |
| Renter Occupied HU | 6,603 (49.7%) |
| Vacant Housing Units | 982 ( 7.4%) |
| Median Home Value | $398,559 |
| Average Home Value | $439,296 |
Housing Distribution
Address Breakdown
Residential
13,122
Single Family
11,651
Multi-Family
1,471
Businesses
1,946
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Listed by: Waqas Abbasi • Lifestyle Realty, LLC.
Mls Name: Bright MLS
Mls ID: #VAWI2009258