3284 Frederick Douglas RdExmoreVA23350
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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 Exmore at 3284 Frederick Douglas Rd, Exmore, VA, 23350 listed at $132,500 pairs $999/mo rent with a $649/mo payment to leave $206/mo cash flow. Total monthly income runs $999/mo, and annual cash flow reaches $2,478/yr on $43,924 cash to close. Return on cash invested measures 25.55% in year one, and rental yield registers 9.05% at a $132,500 basis. Equity gained on principal adds $855/yr, and annual property appreciation at 5% supports $36,607 by year five. Five-year ROI tracks 132.87% and total cumulative return in cash totals $58,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $999/mo property income relative to a $649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23350, Exmore, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,170 (100%) |
| Owner Occupied HU | 1,095 (50.5%) |
| Renter Occupied HU | 596 (27.5%) |
| Vacant Housing Units | 479 (22.1%) |
| Median Home Value | $260,878 |
| Average Home Value | $345,518 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
849
Multi-Family
0
Businesses
120
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