504 Monroe Point DrColonial BeachVA22443
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Colonial Beach at 504 Monroe Point Dr, Colonial Beach, VA, 22443 at $365,000 posts ROI 27.71% with $787/mo cash flow from $2,968/mo rent. Total monthly income equals $2,968/mo, and annual cash flow records $9,439/yr on $120,998 to close. Return on cash invested measures 27.71% and rental yield reads 9.76% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 144.41% and total cumulative return in cash totals $174,727.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2007
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22443, Colonial Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,839 (100%) |
| Owner Occupied HU | 3,383 (57.9%) |
| Renter Occupied HU | 1,082 (18.5%) |
| Vacant Housing Units | 1,374 (23.5%) |
| Median Home Value | $271,363 |
| Average Home Value | $347,355 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,873
Multi-Family
52
Businesses
254
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Nearby investment properties with comparable prices
Listed by: Robert Cooper • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #VAWE2010334