126 Ridge RdPoquosonVA23662
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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 126 Ridge Rd, Poquoson, VA, 23662 offers a 9% rental yield on a $305,000 purchase with $2,288/mo rent. Total monthly income registers $2,288/mo, and a $1,493/mo payment leaves $465/mo available for distribution. Annual cash flow reaches $5,575/yr on $101,108 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 132.15% and total cumulative return in cash at $133,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,288/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.30 Acres 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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