423 Andersons OrdinaryWilliamsburgVA23185
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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 423 Andersons Ordinary, Williamsburg, VA, 23185 priced at $509,000 pairs $3,010/mo rent with after a $2,491/mo payment. Total monthly income equals $3,010/mo. Return on cash invested is 14.25% in year one, and rental yield stands at 7.1% on a $509,000 basis. Equity gained on principal adds $3,285/yr, and 5% annual appreciation accumulates to $140,627 by year five. Five-year ROI measures 74.22% and total cumulative return in cash reaches $124,285. For financing, Ziffy Mortgage’s DSCR program evaluates $3,010/mo property income against a $2,491/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
1,694 sqft lot
$N/A/sqft
$778 monthly 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: Eli Hunt • Liz Moore & Associates LLC
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10586757
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