20422 Saxis RdSaxisVA23427
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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 Saxis at 20422 Saxis Rd, Saxis, VA, 23427 uses $49,725 cash to close to unlock $6,162/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $1,410/mo, and a $734/mo payment keeps the spread at $514/mo. Purchase price stands at $150,000, and rental yield measures 11.28% with $1,410/mo rent. Return on cash invested shows 32.3% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 169.04% and total cumulative return in cash records $84,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,410/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23427, Saxis, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
103
Single Family
1
Multi-Family
0
Businesses
6
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Listed by: Meghan Oliver Clarkson • Long & Foster - Main St
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64489
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