1 Jefferson St, Onancock, VA, 23417 | 3.81% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Onancock at 1 Jefferson St, Onancock, VA, 23417 generates $1,620/mo in rent, after a $2,496/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 9.84% in year one, and rental yield is 3.81% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 48.56% and total cumulative return in cash sums $81,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.

Single Family

Built in 2021

0.51 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23417, Onancock, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,272 (100%)
Owner Occupied HU	1,258 (55.4%)
Renter Occupied HU	462 (20.3%)
Vacant Housing Units	552 (24.3%)
Median Home Value	$327,679
Average Home Value	$468,048