43 Hill StOnancockVA23417
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
Rental property for sale in Onancock at 43 Hill St, Onancock, VA, 23417 offers $2,728/mo rent that, after a $1,958/mo payment, leaves $337/mo cash flow. Total monthly income is $2,728/mo, and annual cash flow is $4,040/yr on $132,600 cash. Return on cash invested measures 22.96% in year one, and rental yield stands at 8.18% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 118.9% and total cumulative return in cash reaches $157,660. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,728/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23417, Onancock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,258 (55.4%) |
| Renter Occupied HU | 462 (20.3%) |
| Vacant Housing Units | 552 (24.3%) |
| Median Home Value | $327,679 |
| Average Home Value | $468,048 |
Housing Distribution
Address Breakdown
Residential
1,770
Single Family
1,737
Multi-Family
33
Businesses
155
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Listed by: Jessica Bernard • Weichert, Realtors Mason - Davis
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64568
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.