423 Highland 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 423 Highland Ave, Winchester, VA, 22601 offers $1,822/mo rent that, after a $1,317/mo payment, leaves $214/mo cash flow. Total monthly income is $1,822/mo, and annual cash flow is $2,563/yr on $89,174 cash. Return on cash invested measures 22.78% in year one, and rental yield stands at 8.13% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 118% and total cumulative return in cash reaches $105,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,822/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
3,746 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: Carlos Soares • Samson Properties
Mls Name: Bright MLS
Mls ID: #VAWI2009152