2238 Clearview RdExmoreVA23350
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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 Exmore at 2238 Clearview Rd, Exmore, VA, 23350 offers a 0% rental yield on a $799,000 purchase with $0/mo rent. 74% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23350, Exmore, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,170 (100%) |
| Owner Occupied HU | 1,095 (50.5%) |
| Renter Occupied HU | 596 (27.5%) |
| Vacant Housing Units | 479 (22.1%) |
| Median Home Value | $260,878 |
| Average Home Value | $345,518 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
849
Multi-Family
0
Businesses
120
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No similar rental properties found nearby.
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Listed by: Michael Baril • Weichert, Realtors Mason - Davis
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #65087
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