32 North StOnancockVA23417
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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 Onancock at 32 North St, Onancock, VA, 23417 uses $120,335 cash to close to unlock $8,685/yr annual cash flow and $724/mo monthly cash flow. Total monthly income runs $2,894/mo, and a $1,777/mo payment keeps the spread at $724/mo. Purchase price stands at $363,000, and rental yield measures 9.57% with $2,894/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $100,290 over five years. Five-year ROI reaches 141.27% and total cumulative return in cash records $169,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,894/mo property income covering a $1,777/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23417, Onancock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,258 (55.4%) |
| Renter Occupied HU | 462 (20.3%) |
| Vacant Housing Units | 552 (24.3%) |
| Median Home Value | $327,679 |
| Average Home Value | $468,048 |
Housing Distribution
Address Breakdown
Residential
1,770
Single Family
1,737
Multi-Family
33
Businesses
155
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Listed by: Brittany Bundick • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64594
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.