1017 Draketail LnVirginia BeachVA23451
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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 Virginia Beach at 1017 Draketail Ln, Virginia Beach, VA, 23451 listed at $539,818 pairs $2,881/mo rent with a $2,642/mo payment. Total monthly income runs $2,881/mo. Return on cash invested measures 17.72% in year one, and rental yield registers 6.4% at a $539,818 basis. Equity gained on principal adds $3,483/yr, and annual property appreciation at 5% supports $149,142 by year five. Five-year ROI tracks 90.83% and total cumulative return in cash totals $161,309. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,881/mo property income relative to a $2,642/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23451, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,668 (100%) |
| Owner Occupied HU | 11,149 (43.4%) |
| Renter Occupied HU | 10,477 (40.8%) |
| Vacant Housing Units | 4,042 (15.7%) |
| Median Home Value | $687,053 |
| Average Home Value | $816,102 |
Housing Distribution
Address Breakdown
Residential
24,175
Single Family
18,609
Multi-Family
5,566
Businesses
1,835
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Listed by: Bo Schrott • Broadsight Realty
Mls Name: REIN Inc.
Mls ID: #10614287