18379 Red Hill RdPainterVA23420
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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 Painter at 18379 Red Hill Rd, Painter, VA, 23420 generates $1,567/mo in rent and, after a $1,121/mo payment, leaves $198/mo in cash flow. Total monthly income is $1,567/mo, and annual cash flow is $2,375/yr on $75,914 invested. Return on cash invested sits at 23.04% in year one, and rental yield is 8.21% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash sums $90,593. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,567/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
11.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Terry W. Bowling • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #57563
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