3429 Captains CorridorGreenbackvilleVA23356
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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 Greenbackville at 3429 Captains Corridor, Greenbackville, VA, 23356 offers a 8.62% rental yield on a $249,900 purchase with $1,795/mo rent. Total monthly income registers $1,795/mo, and a $1,223/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,615/yr on $82,842 to close, and return on cash invested stands at 24.27% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 126.01% and total cumulative return in cash at $104,390. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,795/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
9,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23356, Greenbackville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 695 (57.6%) |
| Renter Occupied HU | 83 ( 6.9%) |
| Vacant Housing Units | 428 (35.5%) |
| Median Home Value | $225,376 |
| Average Home Value | $286,986 |
Housing Distribution
Address Breakdown
Residential
1,093
Single Family
1,093
Multi-Family
0
Businesses
12
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Listed by: Elaine Stitcher • Seaside Vacation & Sales
Mls Name: Eastern Shore AOR
Mls ID: #64572