Cobalt Plan, Winchester Landing Condo Flats 55+WinchesterVA22602
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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 Winchester at Cobalt Plan, Winchester Landing Condo Flats 55+, Winchester, VA, 22602 offers $2,760/mo rent that, after a $1,424/mo payment, leaves $1,021/mo cash flow. Total monthly income is $2,760/mo, and annual cash flow is $12,250/yr on $96,445 cash. Return on cash invested measures 32.61% in year one, and rental yield stands at 11.38% at a $290,935 entry. Equity gained on principal adds $1,877/yr while 5% annual appreciation compounds into $80,380 by year five. Five-year ROI records 170.68% and total cumulative return in cash reaches $164,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $1,424/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22602, Winchester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,328 (100%) |
| Owner Occupied HU | 10,465 (78.5%) |
| Renter Occupied HU | 2,304 (17.3%) |
| Vacant Housing Units | 559 ( 4.2%) |
| Median Home Value | $396,960 |
| Average Home Value | $432,452 |
Housing Distribution
Address Breakdown
Residential
12,773
Single Family
12,646
Multi-Family
127
Businesses
596
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A