8908 Thomas Higgs CtToanoVA23168
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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 Toano at 8908 Thomas Higgs Ct, Toano, VA, 23168 earns from $4,080/mo rent with a $6,730/mo payment. Total monthly income totals $4,080/mo. ROI tracks 9.22% on current figures, and rental yield reads 3.56% at a $1,375,000 purchase. Equity gained on principal adds $8,873/yr, and 5% annual appreciation supports $379,887 over five years. Five-year ROI reaches 45.14% and total cumulative return in cash sums $201,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,080/mo property income instead of your personal income.
Single Family
Built in 2002
5.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23168, Toano, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,337 (100%) |
| Owner Occupied HU | 2,804 (84.0%) |
| Renter Occupied HU | 388 (11.6%) |
| Vacant Housing Units | 145 ( 4.3%) |
| Median Home Value | $449,051 |
| Average Home Value | $550,194 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,516
Multi-Family
0
Businesses
199
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