17541 Plantation RdOnancockVA23417
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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 Onancock at 17541 Plantation Rd, Onancock, VA, 23417 generates $1,620/mo in rent, after a $6,975/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 2.44% in year one, and rental yield is 1.36% on a $1,425,000 entry. Equity gained on principal adds $9,195/yr, while 5% annual appreciation builds toward $393,701 over five years. Five-year ROI reaches 8.78% and total cumulative return in cash sums $40,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1663
45.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23417, Onancock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,258 (55.4%) |
| Renter Occupied HU | 462 (20.3%) |
| Vacant Housing Units | 552 (24.3%) |
| Median Home Value | $327,679 |
| Average Home Value | $468,048 |
Housing Distribution
Address Breakdown
Residential
1,770
Single Family
1,737
Multi-Family
33
Businesses
155
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