722 Ironwood DrYorktownVA23693
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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
Rental property for sale in Yorktown at 722 Ironwood Dr, Yorktown, VA, 23693 priced at $217,968 converts $2,132/mo rent into $829/mo cash flow after a $1,067/mo obligation. Total monthly income equals $2,132/mo, and annual cash flow totals $9,946/yr on $72,256 invested. Return on cash invested prints 33.67% in year one, and rental yield reads 11.74% against a $217,968 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation compiles into $60,221 by year five. Five-year ROI reaches 176.4% and total cumulative return in cash sums $127,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,132/mo property income covering a $1,067/mo payment, not borrower’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23693, Yorktown, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,609 (100%) |
| Owner Occupied HU | 6,318 (73.4%) |
| Renter Occupied HU | 2,000 (23.2%) |
| Vacant Housing Units | 291 ( 3.4%) |
| Median Home Value | $513,665 |
| Average Home Value | $536,407 |
Housing Distribution
Address Breakdown
Residential
9,310
Single Family
8,885
Multi-Family
425
Businesses
489
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