28235 Harbor RdMelfaVA23410
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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 Melfa at 28235 Harbor Rd, Melfa, VA, 23410 earns $255/mo cash flow from $2,347/mo rent with a $1,713/mo payment. Total monthly income totals $2,347/mo, and annual cash flow totals $3,059/yr on $115,992 capital. ROI tracks 22.55% on current figures, and rental yield reads 8.05% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 116.69% and total cumulative return in cash sums $135,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,347/mo property income instead of your personal income.
Single Family
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Andrea S. Zember • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #62356
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.