2421 New Point Comfort HwyMathewsVA23109
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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 Mathews at 2421 New Point Comfort Hwy, Mathews, VA, 23109 earns $1,150/mo cash flow from $2,914/mo rent with a $1,444/mo payment. Total monthly income totals $2,914/mo, and annual cash flow totals $13,805/yr on $97,793 capital. ROI tracks 34.03% on current figures, and rental yield reads 11.85% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 178.3% and total cumulative return in cash sums $174,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,914/mo property income instead of your personal income.
Single Family
Built in 1880
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23109, Mathews, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 559 (68.4%) |
| Renter Occupied HU | 89 (10.9%) |
| Vacant Housing Units | 169 (20.7%) |
| Median Home Value | $567,111 |
| Average Home Value | $573,019 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
149
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