5134 Hortense LnCape CharlesVA23310
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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
Rental property for sale in Cape Charles at 5134 Hortense Ln, Cape Charles, VA, 23310 priced at $389,900 pairs $2,911/mo rent with $581/mo cash flow after a $1,908/mo payment. Total monthly income equals $2,911/mo, and annual cash flow comes to $6,967/yr on $129,252 invested. Return on cash invested is 25.3% in year one, and rental yield stands at 8.96% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 131.46% and total cumulative return in cash reaches $169,921. For financing, Ziffy Mortgage’s DSCR program evaluates $2,911/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23310, Cape Charles, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,819 (47.9%) |
| Renter Occupied HU | 781 (20.5%) |
| Vacant Housing Units | 1,201 (31.6%) |
| Median Home Value | $378,548 |
| Average Home Value | $468,551 |
Housing Distribution
Address Breakdown
Residential
2,521
Single Family
2,481
Multi-Family
40
Businesses
221
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Listed by: Chelsea Axelrod • A Better Way Realty Inc.
Mls Name: REIN Inc.
Mls ID: #10612355