319 Parrotts Cove RdWater ViewVA23180
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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 Water View at 319 Parrotts Cove Rd, Water View, VA, 23180 at $685,000 posts ROI 16.01% with from $3,334/mo rent. Total monthly income equals $3,334/mo. Return on cash invested measures 16.01% and rental yield reads 5.84% at the current $685,000. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 by year five. Five-year ROI prints 81.6% and total cumulative return in cash totals $183,898. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,334/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23180, Water View, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 244 (100%) |
| Owner Occupied HU | 130 (53.3%) |
| Renter Occupied HU | 39 (16.0%) |
| Vacant Housing Units | 75 (30.7%) |
| Median Home Value | $400,000 |
| Average Home Value | $478,365 |
Housing Distribution
Address Breakdown
Residential
199
Single Family
199
Multi-Family
0
Businesses
3
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Listed by: Crystal Mason • Mason Realty, Inc.
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #202500252