105 Rens Rd LOT 48PoquosonVA23662
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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
Investment property for sale in Poquoson at 105 Rens Rd LOT 48, Poquoson, VA, 23662 uses $44,753 cash to close to unlock $3,033/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,060/mo, and a $661/mo payment keeps the spread at $253/mo. Purchase price stands at $135,000, and rental yield measures 9.42% with $1,060/mo rent. Return on cash invested shows 26.69% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 138.9% and total cumulative return in cash records $62,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,060/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23662, Poquoson, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 4,070 (78.4%) |
| Renter Occupied HU | 753 (14.5%) |
| Vacant Housing Units | 366 ( 7.1%) |
| Median Home Value | $472,477 |
| Average Home Value | $529,555 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
4,990
Multi-Family
98
Businesses
270
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