1093 Lord Dunmore DrVirginia BeachVA23464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1093 Lord Dunmore Dr, Virginia Beach, VA, 23464 listed at $390,000 pairs $2,590/mo rent with a $1,909/mo payment to leave $259/mo cash flow. Total monthly income runs $2,590/mo, and annual cash flow reaches $3,102/yr on $129,285 cash to close. Return on cash invested measures 22.31% in year one, and rental yield registers 7.97% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 115.44% and total cumulative return in cash totals $149,252. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,590/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
5,597 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23464, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,109 (100%) |
| Owner Occupied HU | 20,321 (69.8%) |
| Renter Occupied HU | 7,987 (27.4%) |
| Vacant Housing Units | 801 ( 2.8%) |
| Median Home Value | $384,194 |
| Average Home Value | $434,023 |
Housing Distribution
Address Breakdown
Residential
28,766
Single Family
26,171
Multi-Family
2,595
Businesses
888
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Golden • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10612412