3235 Doggett Ln, Cape Charles, VA, 23310 | $571/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cape Charles at 3235 Doggett Ln, Cape Charles, VA, 23310 uses $58,211 cash to close to unlock $6,849/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $859/mo payment keeps the spread at $571/mo. Purchase price stands at $175,600, and rental yield measures 11.07% with $1,620/mo rent. Return on cash invested shows 31.67% in year one, and 5% annual appreciation builds toward $48,515 over five years. Five-year ROI reaches 165.66% and total cumulative return in cash records $96,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $859/mo payment rather than investor’s personal income.

Single Family

Built in 1975

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23310, Cape Charles, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,801 (100%)
Owner Occupied HU	1,819 (47.9%)
Renter Occupied HU	781 (20.5%)
Vacant Housing Units	1,201 (31.6%)
Median Home Value	$378,548
Average Home Value	$468,551