4092 Main StExmoreVA23350
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
Investment property for sale in Exmore at 4092 Main St, Exmore, VA, 23350 uses $93,483 cash to close to unlock $12,474/yr annual cash flow and $1,040/mo monthly cash flow. Total monthly income runs $2,725/mo, and a $1,380/mo payment keeps the spread at $1,040/mo. Purchase price stands at $282,000, and rental yield measures 11.6% with $2,725/mo rent. Return on cash invested shows 33.25% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 174.13% and total cumulative return in cash records $162,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,725/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Single Family
Built in 1933
0.39 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