7016 Utica StSpringfieldVA22150
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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 Springfield at 7016 Utica St, Springfield, VA, 22150 earns from $4,478/mo rent with a $4,405/mo payment. Total monthly income totals $4,478/mo. ROI tracks 16.4% on current figures, and rental yield reads 5.97% at a $900,000 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 83.73% and total cumulative return in cash sums $247,932. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,478/mo property income instead of your personal income.
Single Family
Built in 1955
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22150, Springfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,368 (100%) |
| Owner Occupied HU | 5,654 (60.4%) |
| Renter Occupied HU | 3,219 (34.4%) |
| Vacant Housing Units | 495 ( 5.3%) |
| Median Home Value | $697,287 |
| Average Home Value | $792,043 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
6,617
Multi-Family
2,601
Businesses
1,248
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Listed by: Albert Pasquali • Redfin Corporation
Mls Name: Bright MLS
Mls ID: #VAFX2254862