29 River RdPoquosonVA23662
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 Poquoson at 29 River Rd, Poquoson, VA, 23662 at $499,900 posts ROI 21.06% with $159/mo cash flow from $3,148/mo rent. Total monthly income equals $3,148/mo, and annual cash flow records $1,913/yr on $165,717 to close. Return on cash invested measures 21.06% and rental yield reads 7.56% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 108.76% and total cumulative return in cash totals $180,228.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.76 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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