LOT 61 Waterson CtCape CharlesVA23310
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
Total monthly income runs $1,920/mo, and a $2,149/mo payment. Purchase price stands at $439,000, and rental yield measures 5.25% with $1,920/mo rent. Return on cash invested shows 14.1% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 71.42% and total cumulative return in cash records $103,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.56 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Brown • COLDWELL BANKER HARBOUR REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64117
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.