12166 Trout LnMachipongoVA23405
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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 Machipongo at 12166 Trout Ln, Machipongo, VA, 23405 earns $274/mo cash flow from $2,067/mo rent with a $1,468/mo payment. Total monthly income totals $2,067/mo, and annual cash flow totals $3,289/yr on $99,417 capital. ROI tracks 23.22% on current figures, and rental yield reads 8.27% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash sums $119,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,067/mo property income instead of your personal income.
Single Family
Built in 2002
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23405, Machipongo, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 323 (56.5%) |
| Renter Occupied HU | 86 (15.0%) |
| Vacant Housing Units | 163 (28.5%) |
| Median Home Value | $438,406 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
32
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Listed by: Laura M. Crockett • LEWIN & CARR INC.
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #60684
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.