The Tramonti 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 Tramonti Plan, The Villages at Tower Hill, Cape Charles, VA, 23310 priced at $699,000 converts $3,384/mo rent into after a $3,421/mo obligation. Total monthly income equals $3,384/mo. Return on cash invested prints 15.72% in year one, and rental yield reads 5.81% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 80.14% and total cumulative return in cash sums $184,310. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,384/mo property income covering a $3,421/mo payment, not borrower’s personal income.
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