3469 Willis Wharf 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 3469 Willis Wharf Rd, Exmore, VA, 23350 earns $388/mo cash flow from $1,613/mo rent with a $1,003/mo payment. Total monthly income totals $1,613/mo, and annual cash flow totals $4,655/yr on $67,958 capital. ROI tracks 26.76% on current figures, and rental yield reads 9.44% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 139.28% and total cumulative return in cash sums $94,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,613/mo property income instead of your personal income.
Single Family
Built in 1956
1 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: Sarah Rivas • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64524
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.