37430 Bayside DrGreenbackvilleVA23356
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 $3,373/mo, and a $4,136/mo payment. Purchase price stands at $845,000, and rental yield measures 4.79% with $3,373/mo rent. Return on cash invested shows 12.82% in year one, and 5% annual appreciation builds toward $233,458 over five years. Five-year ROI reaches 64.49% and total cumulative return in cash records $179,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,373/mo property income covering a $4,136/mo payment rather than investor’s personal income.
Single Family
Built in 2019
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Glovier • Coastal Life Realty Group
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #63970
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.