174 Villa DrPoquosonVA23662
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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
Rental property for sale in Poquoson at 174 Villa Dr, Poquoson, VA, 23662 priced at $390,000 converts $2,270/mo rent into after a $1,909/mo obligation. Total monthly income equals $2,270/mo. Return on cash invested prints 19.34% in year one, and rental yield reads 6.98% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 99.52% and total cumulative return in cash sums $128,660. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,270/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Condo
Built in 2005
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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