2189 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 2189 Spinnaker St, Greenbackville, VA, 23356 earns $1,036/mo cash flow from $3,000/mo rent with a $1,608/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $12,433/yr on $108,898 capital. ROI tracks 31.33% on current figures, and rental yield reads 10.96% at a $328,500 purchase. Equity gained on principal adds $2,120/yr, and 5% annual appreciation supports $90,758 over five years. Five-year ROI reaches 163.83% and total cumulative return in cash sums $178,412. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 2026
9,750 sqft 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: #65691