3415 Willis Wharf RdExmoreVA23350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $2,368/mo, and a $2,056/mo payment. Purchase price stands at $420,000, and rental yield measures 6.77% with $2,368/mo rent. Return on cash invested shows 18.68% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 95.94% and total cumulative return in cash records $133,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.49 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices