2164 Spinnaker StGreenbackvilleVA23356
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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 Greenbackville at 2164 Spinnaker St, Greenbackville, VA, 23356 listed at $398,500 pairs $2,071/mo rent with a $1,950/mo payment. Total monthly income runs $2,071/mo. Return on cash invested measures 17.09% in year one, and rental yield registers 6.24% at a $398,500 basis. Equity gained on principal adds $2,571/yr, and annual property appreciation at 5% supports $110,098 by year five. Five-year ROI tracks 87.45% and total cumulative return in cash totals $115,525. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,071/mo property income relative to a $1,950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23356, Greenbackville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 695 (57.6%) |
| Renter Occupied HU | 83 ( 6.9%) |
| Vacant Housing Units | 428 (35.5%) |
| Median Home Value | $225,376 |
| Average Home Value | $286,986 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
12
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Listed by: Christine C Murphy • Monument Sotheby's International Realty
Mls Name: Eastern Shore AOR
Mls ID: #65639