485 Harbor Side St APT 703, Woodbridge, VA, 22191 | 4.24% Rental Yield

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485 Harbor Side St APT 703, Woodbridge, VA, 22191 | 4.24% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Woodbridge at 485 Harbor Side St APT 703, Woodbridge, VA, 22191 listed at $699,000 pairs $2,467/mo rent with a $3,421/mo payment. Total monthly income runs $2,467/mo. Return on cash invested measures 11.13% in year one, and rental yield registers 4.24% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 55.45% and total cumulative return in cash totals $127,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,467/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

What you've been waiting for. Welcome home to over 2,500 square feet of easy, one floor, resort-like living in the beautiful community of Belmont Bay. This unique 7th floor condo is one of the largest layouts of the building and offers water views from every room, 2 side by side parking spaces, and a storage unit in the garage. Upon entering enjoy beautiful hardwood floors, crown molding throughout, a perfectly positioned home office/den with additional storage closet, large dining room with sun room extended off of it. From there you can relax in the massive family room with beautiful custom built-in's, Levelor Banded Shades controlled by remote, an electric fireplace, and a Minka Aire ceiling fan. The kitchen feels like that of a detached home with a large center island, cabinetry galore with pull out drawers on lower cabinets, pantry closet, all new black SS appliances to include a new disposal, a Samsung smart refrigerator, two tray ceilings, and under cabinet lighting. The two primary wings are on separate ends of the unit to give privacy from guests or other occupants. Rest easy knowing the HVAC was recently replaced and the property is turn key and ready for you to make it your home! Mins from VRE, shopping, dining, and more - Belmont Bay is the perfect place to call home as it sits in the northern most part of Prince William County. Enjoy walking trails, social committee events, access to boat club memberships, kayak club, tennis courts, and walking trails.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22191, Woodbridge, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,248 (100%)
Owner Occupied HU	14,469 (55.1%)
Renter Occupied HU	10,876 (41.4%)
Vacant Housing Units	903 ( 3.4%)
Median Home Value	$476,309
Average Home Value	$547,997