9429 Ottoway CtToanoVA23168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9429 Ottoway Ct, Toano, VA, 23168 offers a 7.62% rental yield on a $880,000 purchase with $5,587/mo rent. Total monthly income registers $5,587/mo, and a $4,307/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,920/yr on $289,520 to close, and return on cash invested stands at 21.41% in year one. Equity gained on principal adds $5,679/yr while 5% annual appreciation supports $243,128 over five years. Portfolio math shows five-year ROI at 110.6% and total cumulative return in cash at $320,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,587/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.72 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices