1003 Serene Rd #103SuffolkVA23435
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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 Suffolk at 1003 Serene Rd #103, Suffolk, VA, 23435 listed at $398,590 pairs $3,122/mo rent with a $1,951/mo payment to leave $739/mo cash flow. Total monthly income runs $3,122/mo, and annual cash flow reaches $8,870/yr on $132,133 cash to close. Return on cash invested measures 26.62% in year one, and rental yield registers 9.4% at a $398,590 basis. Equity gained on principal adds $2,572/yr, and annual property appreciation at 5% supports $110,123 by year five. Five-year ROI tracks 138.58% and total cumulative return in cash totals $183,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,122/mo property income relative to a $1,951/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23435, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 9,314 (64.2%) |
| Renter Occupied HU | 4,353 (30.0%) |
| Vacant Housing Units | 834 ( 5.8%) |
| Median Home Value | $413,758 |
| Average Home Value | $470,109 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
13,526
Multi-Family
706
Businesses
709
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