9080 Imagination AveToanoVA23168
Nearby investment properties with comparable rents
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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 9080 Imagination Ave, Toano, VA, 23168 uses $136,914 cash to close to unlock $8,311/yr annual cash flow and $693/mo monthly cash flow. Total monthly income runs $3,329/mo, and a $2,022/mo payment keeps the spread at $693/mo. Purchase price stands at $413,015, and rental yield measures 9.67% with $3,329/mo rent. Return on cash invested shows 25.98% in year one, and 5% annual appreciation builds toward $114,108 over five years. Five-year ROI reaches 135.66% and total cumulative return in cash records $185,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,329/mo property income covering a $2,022/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$167 monthly 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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Listed by: Robert E Ramirez • Williamsburg Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #2403098
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the WMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firms. 2024 WMLS. All rights reserved.