THE VIRGINIA PINE Plan, CAPTAINS COVE,Greenbackville,VA,23356

Investment Highlights

Investment property for sale in Greenbackville at THE VIRGINIA PINE Plan, CAPTAINS COVE, Greenbackville, VA, 23356 offers a 8.56% rental yield on a $297,000 purchase with $2,119/mo rent. Total monthly income registers $2,119/mo, and a $1,454/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,355/yr on $98,456 to close, and return on cash invested stands at 22.3% in year one. Equity gained on principal adds $1,916/yr while 5% annual appreciation supports $82,056 over five years. Portfolio math shows five-year ROI at 116.07% and total cumulative return in cash at $114,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,119/mo property income against a $1,454/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.