112 Pippin DrSuffolkVA23434
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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
Rental property for sale in Suffolk at 112 Pippin Dr, Suffolk, VA, 23434 priced at $367,000 pairs $3,412/mo rent with $1,218/mo cash flow after a $1,796/mo payment. Total monthly income equals $3,412/mo, and annual cash flow comes to $14,621/yr on $121,661 invested. Return on cash invested is 31.93% in year one, and rental yield stands at 11.16% on a $367,000 basis. Equity gained on principal adds $2,368/yr, and 5% annual appreciation accumulates to $101,395 by year five. Five-year ROI measures 167.02% and total cumulative return in cash reaches $203,195. For financing, Ziffy Mortgage’s DSCR program evaluates $3,412/mo property income against a $1,796/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23434, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,667 (100%) |
| Owner Occupied HU | 14,067 (62.1%) |
| Renter Occupied HU | 6,804 (30.0%) |
| Vacant Housing Units | 1,796 ( 7.9%) |
| Median Home Value | $358,701 |
| Average Home Value | $380,551 |
Housing Distribution
Address Breakdown
Residential
22,290
Single Family
21,209
Multi-Family
1,081
Businesses
1,240
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