1152 Cypress Point WayVirginia BeachVA23455
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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 1152 Cypress Point Way, Virginia Beach, VA, 23455 offers a 11.59% rental yield on a $359,900 purchase with $3,475/mo rent. Total monthly income registers $3,475/mo, and a $1,762/mo payment leaves $1,323/mo available for distribution. Annual cash flow reaches $15,877/yr on $119,307 to close, and return on cash invested stands at 33.22% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 173.98% and total cumulative return in cash at $207,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,475/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
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Listed by: Garrett Maki • Creed Realty
Mls Name: REIN Inc.
Mls ID: #10614019