5504 Amrien Circle DrChincoteagueVA23336
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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 Chincoteague at 5504 Amrien Circle Dr, Chincoteague, VA, 23336 with 5% annual appreciation on a $669,200 basis while $3,401/mo rent supports operations. 8% in year one. Equity gained on principal adds $4,318/yr, and five-year appreciation sums $184,888 alongside rental yield of 6.1%. Five-year ROI measures 85.85% and total cumulative return in cash totals $189,018. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,401/mo property income versus a $3,275/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23336, Chincoteague Island, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,287 (100%) |
| Owner Occupied HU | 1,250 (29.2%) |
| Renter Occupied HU | 409 ( 9.5%) |
| Vacant Housing Units | 2,628 (61.3%) |
| Median Home Value | $365,359 |
| Average Home Value | $380,074 |
Housing Distribution
Address Breakdown
Residential
2,439
Single Family
2,415
Multi-Family
24
Businesses
307
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Listed by: N/A • N/A
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