7 Onancock StOnancockVA23417
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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 Onancock at 7 Onancock St, Onancock, VA, 23417 with 5% annual appreciation on a $348,000 basis while $2,172/mo rent supports operations. Total monthly income totals $2,172/mo and a $1,703/mo payment preserves $92/mo for cash returns. Annual cash flow comes to $1,104/yr on $115,362 deployed, and return on cash invested reaches 20.87% in year one. Equity gained on principal adds $2,246/yr, and five-year appreciation sums $96,146 alongside rental yield of 7.49%. Five-year ROI measures 107.68% and total cumulative return in cash totals $124,222.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,172/mo property income versus a $1,703/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,969 sqft 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: Anne Kyle Bundick Doughty • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #65278
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