1950 Rainbow Ct, Woodbridge, VA 22192
Highlights:
– 3 Beds / 1.5 Baths / 2,046 Sq Ft
– End unit with deck
– Roof (2017), Newer AC
– ARV ≈ $465K | Ask $330K
-$60k under tax value, – most contents to be removed before closing
Presenting a great value play in Woodbridge’s Rolling Brook community.
This 3 bed, 1.5 bath end-unit townhome is structurally sound with newer HVAC and roof (2017).
Cosmetic updates can easily push ARV into the mid-$470Ks range based on comparable sales.
Ideal for both flippers and long-term investors seeking a low-risk entry with built-in equity.
Photo Breakdown
- Exterior: Vinyl siding in good condition; roof updated 2017. Mature landscaping and fenced yard. End-unit layout with shed + wood deck.
- Main Level: Open living/dining flow with large windows for light; kitchen layout ideal for modern update.
- Bedrooms/Baths: 3 beds / 1.5 baths—original finishes but solid condition.
- Basement: Partially finished,; utilities accessible; easy value-add space.
- Systems: AC recently replaced; heat pump; electric in good order.
- Overall: Structurally sound; cosmetic refresh would transform it quickly.
Property Snapshot
| Feature | Details |
|---|---|
| Type | End-unit Townhouse |
| Subdivision | Rolling Brook Group 2 |
| Year Built | 1978 |
| Total SQFT | 2,046 (1,364 above / 682 below) |
| Lot Size | 0.065 ac (≈ 2,853 sf) |
| Beds / Baths | 3 / 1.5 |
| Basement | Yes – partial, unfinished |
| Roof | 2017 |
| HVAC | Replaced recently |
| Windows | Original |
| HOA | $104 / Monthly |
| Annual Tax | $3,566 (est 2025) |
| Assessment | $390,600 |
Deal Summary
| Ask Price | $330,000 |
| Buy Now | $335,000 |
| ARV | $465,000 |
| Condition | Light Cosmetic |
| County | Prince William County, VA |
| Zoning | R-6 (Suburban Residential 6 per acre) |
Comps Snapshot (Validating ARV)
| Address | Sold Price | Key Details |
|---|---|---|
| 2003 Quiet Creek Ct | $460K | Updated TH |
| 2084 Mayflower Dr | $462K | Similar floor plan, new floors |
| 12515 Clipper Dr | $450K | Updated, not flipped |
| ➡ ARV supports $465K+ on full reno finish. |
Investment Angles
Flip Play:
Low acquisition vs resale spread → room for $50–55K
Strong buyer demand in Rolling Brook (quick DOM < 7 days at ARV).
Buy & Hold Play:
Rent-ready baseline = minimal outlay and strong equity buffer.
- Est. Rent After Light Refresh: $2,400 – $2,600 / mo
- Taxes + Insurance ≈ $350 / mo