LOT 29 Tower Hill Circle CpeCharlesVA23310
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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 Charles at LOT 29 Tower Hill Circle Cpe, Charles, VA, 23310 with 5% annual appreciation on a $649,400 basis while $3,811/mo rent supports operations. 66% in year one. Equity gained on principal adds $4,190/yr, and five-year appreciation sums $179,417 alongside rental yield of 7.04%. Five-year ROI measures 101.21% and total cumulative return in cash totals $216,245. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,811/mo property income versus a $3,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23310, Cape Charles, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,819 (47.9%) |
| Renter Occupied HU | 781 (20.5%) |
| Vacant Housing Units | 1,201 (31.6%) |
| Median Home Value | $378,548 |
| Average Home Value | $468,551 |
Housing Distribution
Address Breakdown
Residential
2,521
Single Family
2,481
Multi-Family
40
Businesses
221
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