844 Rocky Point LndgCobbs CreekVA23035
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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
Total monthly income runs $3,124/mo, and a $2,619/mo payment. Purchase price stands at $535,000, and rental yield measures 7.01% with $3,124/mo rent. Return on cash invested shows 19.55% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 100.63% and total cumulative return in cash records $177,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,124/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1979
5.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23035, Cobbs Creek, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 946 (100%) |
| Owner Occupied HU | 598 (63.2%) |
| Renter Occupied HU | 98 (10.4%) |
| Vacant Housing Units | 250 (26.4%) |
| Median Home Value | $529,197 |
| Average Home Value | $554,419 |
Housing Distribution
Address Breakdown
Residential
505
Single Family
505
Multi-Family
0
Businesses
37
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Listed by: Tracy Foster • Abbitt Realty Company LLC
Mls Name: REIN Inc.
Mls ID: #10592071