271-2A Chesapeake Watch RdDeltavilleVA23043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Deltaville at 271-2A Chesapeake Watch Rd, Deltaville, VA, 23043 at $389,000 posts ROI 20.63% with $78/mo cash flow from $2,903/mo rent. Total monthly income equals $2,903/mo, and annual cash flow records $931/yr on $128,954 to close. Return on cash invested measures 20.63% and rental yield reads 8.96% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 108.14% and total cumulative return in cash totals $139,446.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,903/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
2,178 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23043, Deltaville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 641 (39.7%) |
| Renter Occupied HU | 132 ( 8.2%) |
| Vacant Housing Units | 842 (52.1%) |
| Median Home Value | $410,507 |
| Average Home Value | $459,832 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
832
Multi-Family
0
Businesses
127
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Nearby investment properties with comparable prices
Listed by: Neena Rodgers • Isabell K. Horsley R. E., Ltd.
Mls Name: Northern Neck AOR
Mls ID: #117791
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.