Westmoreland Dr #L-14Colonial 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
Rental property for sale in Colonial Beach at Westmoreland Dr #L-14, Colonial Beach, VA, 22443 priced at $379,900 converts $3,600/mo rent into $1,329/mo cash flow after a $1,859/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $15,953/yr on $125,937 invested. Return on cash invested prints 32.58% in year one, and rental yield reads 11.37% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 170.5% and total cumulative return in cash sums $214,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.25 Acres 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: Amanda Wilkinson • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #VAWE2010344