The Lamanna Ranch Plan, Tower Hill EstatesCape 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 Lamanna Ranch Plan, Tower Hill Estates, Cape Charles, VA, 23310 offers $3,128/mo rent that, after a $2,271/mo payment, leaves $319/mo cash flow. Total monthly income is $3,128/mo, and annual cash flow is $3,832/yr on $153,816 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 8.09% at a $464,000 entry. Equity gained on principal adds $2,994/yr while 5% annual appreciation compounds into $128,195 by year five. Five-year ROI records 116.03% and total cumulative return in cash reaches $178,473. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,128/mo property income versus a $2,271/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$35 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 • Virginia Builders
Mls Name: Virginia Builders
Mls Provider:
Mls ID: #N/A