24 Holly StPoquosonVA23662
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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 Poquoson at 24 Holly St, Poquoson, VA, 23662 offers $3,019/mo rent that, after a $1,825/mo payment, leaves $790/mo cash flow. Total monthly income is $3,019/mo, and annual cash flow is $9,480/yr on $123,616 cash. Return on cash invested measures 27.58% in year one, and rental yield stands at 9.72% at a $372,900 entry. Equity gained on principal adds $2,406/yr while 5% annual appreciation compounds into $103,025 by year five. Five-year ROI records 143.72% and total cumulative return in cash reaches $177,664. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,019/mo property income versus a $1,825/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23662, Poquoson, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 4,070 (78.4%) |
| Renter Occupied HU | 753 (14.5%) |
| Vacant Housing Units | 366 ( 7.1%) |
| Median Home Value | $472,477 |
| Average Home Value | $529,555 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
4,990
Multi-Family
98
Businesses
270
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