2304 Belle Haven 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 2304 Belle Haven Rd, Exmore, VA, 23350 offers a 13.74% rental yield on a $160,000 purchase with $1,832/mo rent. Total monthly income registers $1,832/mo, and a $783/mo payment leaves $876/mo available for distribution. Annual cash flow reaches $10,508/yr on $53,040 to close, and return on cash invested stands at 39.72% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 208.8% and total cumulative return in cash at $110,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,832/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.46 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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Listed by: Jessica Bernard • Weichert, Realtors Mason - Davis
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64754
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