The Luce Lunare 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
Investment property for sale in Cape Charles at The Luce Lunare Plan, The Villages at Tower Hill, Cape Charles, VA, 23310 offers a 6.89% rental yield on a $535,000 purchase with $3,073/mo rent. 95% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 97.5% and total cumulative return in cash at $171,616. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,073/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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