271 Chesapeake Watch Rd APT 2ADeltavilleVA23043
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 Chesapeake Watch Rd APT 2A, Deltaville, VA, 23043 listed at $389,000 pairs $2,650/mo rent with a $1,904/mo payment. Total monthly income runs $2,650/mo. Return on cash invested measures 18.28% in year one, and rental yield registers 8.17% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 95.51% and total cumulative return in cash totals $123,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,650/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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Listed by: Neena Rodgers • Isabell K. Horsley Real Estate
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #2422925
Disclaimer: All or a portion of the multiple Listing information is provided by the CBRAR Property Services, Inc. Multiple Listing Service, from a copyrighted compilation of Listings. All CBRAR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2024 CBRAR Property Services, Inc. All rights reserved.