3315 Seaside 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
Total monthly income runs $1,534/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 4.09% with $1,534/mo rent. Return on cash invested shows 10.61% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 52.69% and total cumulative return in cash records $78,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,534/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2008
11 Acres 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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Listed by: Meghan Oliver Clarkson • Long & Foster - Main St
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64453
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