LOT 52 Bunbury Plantation CtCape CharlesVA23310
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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 Cape Charles at LOT 52 Bunbury Plantation Ct, Cape Charles, VA, 23310 offers $2,224/mo rent that, after a $1,545/mo payment, leaves $337/mo cash flow. Total monthly income is $2,224/mo, and annual cash flow is $4,045/yr on $104,621 cash. Return on cash invested measures 23.78% in year one, and rental yield stands at 8.46% at a $315,600 entry. Equity gained on principal adds $2,037/yr while 5% annual appreciation compounds into $87,194 by year five. Five-year ROI records 123.34% and total cumulative return in cash reaches $129,038. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,224/mo property income versus a $1,545/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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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Nearby investment properties with comparable prices
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