120 Eagle LnSuffolkVA23432
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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 120 Eagle Ln, Suffolk, VA, 23432 priced at $345,000 converts $2,318/mo rent into $255/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,318/mo, and annual cash flow totals $3,063/yr on $114,368 invested. Return on cash invested prints 22.59% in year one, and rental yield reads 8.06% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 116.95% and total cumulative return in cash sums $133,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,318/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23432, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 572 (75.7%) |
| Renter Occupied HU | 129 (17.1%) |
| Vacant Housing Units | 55 ( 7.3%) |
| Median Home Value | $454,902 |
| Average Home Value | $473,955 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
53
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