612 Washington AveColonial BeachVA22443
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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
Investment property for sale in Colonial Beach at 612 Washington Ave, Colonial Beach, VA, 22443 with 5% annual appreciation on a $424,900 basis while $1,687/mo rent supports operations. 64% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,392 alongside rental yield of 4.76%. Five-year ROI measures 63.58% and total cumulative return in cash totals $89,553. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,687/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1895
7,405 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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Listed by: Deb Warford • Coldwell Banker Elite
Mls Name: Bright MLS
Mls ID: #VAWE2009272