55 Washington CirKinsaleVA22488
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 Kinsale at 55 Washington Cir, Kinsale, VA, 22488 offers a 7.22% rental yield on a $405,000 purchase with $2,437/mo rent. Total monthly income registers $2,437/mo, and a $1,982/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $195/yr on $134,258 to close, and return on cash invested stands at 20.05% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 103.37% and total cumulative return in cash at $138,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,437/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22488, Kinsale, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 904 (100%) |
| Owner Occupied HU | 432 (47.8%) |
| Renter Occupied HU | 123 (13.6%) |
| Vacant Housing Units | 349 (38.6%) |
| Median Home Value | $367,692 |
| Average Home Value | $417,807 |
Housing Distribution
Address Breakdown
Residential
620
Single Family
620
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: Thebra D Lawrence • KW Allegiance
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2419789
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.