The Alba Plan, The Villages at Tower HillCape 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 The Alba Plan, The Villages at Tower Hill, Cape Charles, VA, 23310 priced at $535,000 pairs $3,341/mo rent with $105/mo cash flow after a $2,619/mo payment. Total monthly income equals $3,341/mo, and annual cash flow comes to $1,265/yr on $176,015 invested. Return on cash invested is 20.78% in year one, and rental yield stands at 7.49% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 107.3% and total cumulative return in cash reaches $188,860. For financing, Ziffy Mortgage’s DSCR program evaluates $3,341/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$37 monthly 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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Listed by: N/A • BECO Homes
Mls Name: BECO Homes
Mls ID: #N/A