9333 Red Bank RdNassawadoxVA23413
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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
Rental property for sale in Nassawadox at 9333 Red Bank Rd, Nassawadox, VA, 23413 generates $2,400/mo in rent, after a $2,814/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 13.48% in year one, and rental yield is 5.01% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 68.09% and total cumulative return in cash sums $128,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23413, Nassawadox, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 139 (100%) |
| Owner Occupied HU | 73 (52.5%) |
| Renter Occupied HU | 38 (27.3%) |
| Vacant Housing Units | 28 (20.1%) |
| Median Home Value | $166,071 |
| Average Home Value | $267,363 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
56
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Listed by: Linda Baylis Spence • Weichert, Realtors Mason - Davis
Mls Name: Eastern Shore AOR
Mls ID: #65420