Lankford HwyAccomacVA23301
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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 Accomac at Lankford Hwy, Accomac, VA, 23301 earns $218/mo cash flow from $1,408/mo rent with a $974/mo payment. Total monthly income totals $1,408/mo, and annual cash flow totals $2,621/yr on $65,969 capital. ROI tracks 23.88% on current figures, and rental yield reads 8.49% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 123.9% and total cumulative return in cash sums $81,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,408/mo property income instead of your personal income.
Lot
Built in N/A
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23301, Accomac, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 421 (53.2%) |
| Renter Occupied HU | 187 (23.6%) |
| Vacant Housing Units | 184 (23.2%) |
| Median Home Value | $312,500 |
| Average Home Value | $366,015 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
129
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Listed by: Hill Real Estate Group, Llc • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #62265
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.