1407 Back Creek RdSeafordVA23696
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Seaford at 1407 Back Creek Rd, Seaford, VA, 23696 generates $3,257/mo in rent and, after a $2,203/mo payment, leaves $567/mo in cash flow. Total monthly income is $3,257/mo, and annual cash flow is $6,798/yr on $149,175 invested. Return on cash invested sits at 24.47% in year one, and rental yield is 8.69% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 127.01% and total cumulative return in cash sums $189,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,257/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23696, Seaford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,514 (100%) |
| Owner Occupied HU | 1,293 (85.4%) |
| Renter Occupied HU | 147 ( 9.7%) |
| Vacant Housing Units | 74 ( 4.9%) |
| Median Home Value | $493,537 |
| Average Home Value | $563,817 |
Housing Distribution
Address Breakdown
Residential
1,478
Single Family
1,478
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices