212 Cross CtMathewsVA23109
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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 Mathews at 212 Cross Ct, Mathews, VA, 23109 earns $745/mo cash flow from $2,388/mo rent with a $1,346/mo payment. Total monthly income totals $2,388/mo, and annual cash flow totals $8,942/yr on $91,129 capital. ROI tracks 29.72% on current figures, and rental yield reads 10.42% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 155.23% and total cumulative return in cash sums $141,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,388/mo property income instead of your personal income.
Single Family
Built in 1989
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23109, Mathews, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 559 (68.4%) |
| Renter Occupied HU | 89 (10.9%) |
| Vacant Housing Units | 169 (20.7%) |
| Median Home Value | $567,111 |
| Average Home Value | $573,019 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
149
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Listed by: Shawn Humberger • BHHS PenFed Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2424711
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.