2283 Buccaneer BlvdGreenbackvilleVA23356
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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
Rental property for sale in Greenbackville at 2283 Buccaneer Blvd, Greenbackville, VA, 23356 generates $1,671/mo in rent and, after a $1,199/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,671/mo, and annual cash flow is $2,480/yr on $81,184 invested. Return on cash invested sits at 22.96% in year one, and rental yield is 8.19% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 118.96% and total cumulative return in cash sums $96,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,671/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
9,583 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: Rebecca Lewis • Century 21 Harbor Realty
Mls Name: Eastern Shore AOR
Mls ID: #65109