34079 Seaside Rd,Painter,VA,23420

Investment Highlights

Investment property for sale in Painter at 34079 Seaside Rd, Painter, VA, 23420 listed at $432,000 pairs $3,158/mo rent with a $2,114/mo payment to leave $576/mo cash flow. Total monthly income runs $3,158/mo, and annual cash flow reaches $6,912/yr on $143,208 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 8.77% at a $432,000 basis. Equity gained on principal adds $2,788/yr, and annual property appreciation at 5% supports $119,354 by year five. Five-year ROI tracks 128.44% and total cumulative return in cash totals $183,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,158/mo property income relative to a $2,114/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).