2410 Ridge Rd, Chincoteague, VA 23336

2 bd · 2 ba · 1,100 sqft · built 1999 · Chincoteague · SINGLE_FAMILY·source listing ↗

$269,000

rent, three ways

OnePercent model (vv1)$1,934/mo

p10–p90 confidence band

HUD Fair Market Rent · 23336 · 2BR$1,230/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Accomack

Flood risk indexVery High FEMA NRI

Median household income$63,464

Median area rent$1,081/mo

Median home value$346,700

the verdict

0.72%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$269,000

0.72% · rent $1,934

Intrinsic value · income approach

$423,373

36% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.