18483 Gaskins 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
Investment property for sale in Onancock at 18483 Gaskins Rd, Onancock, VA, 23417 earns $163/mo cash flow from $795/mo rent with a $517/mo payment. Total monthly income totals $795/mo, and annual cash flow totals $1,962/yr on $35,040 capital. ROI tracks 25.51% on current figures, and rental yield reads 9.03% at a $105,700 purchase. Equity gained on principal adds $682/yr, and 5% annual appreciation supports $29,203 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash sums $46,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $795/mo property income instead of your personal income.
Single Family
Built in 1986
0.73 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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