1212 King Arthur DrChesapeakeVA23323
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 Chesapeake at 1212 King Arthur Dr, Chesapeake, VA, 23323 at $317,999 posts ROI 23.26% with $295/mo cash flow from $2,196/mo rent. Total monthly income equals $2,196/mo, and annual cash flow records $3,537/yr on $105,417 to close. Return on cash invested measures 23.26% and rental yield reads 8.29% at the current $317,999. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,857 by year five. Five-year ROI prints 120.56% and total cumulative return in cash totals $127,091.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,196/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23323, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,889 (100%) |
| Owner Occupied HU | 12,433 (78.2%) |
| Renter Occupied HU | 3,048 (19.2%) |
| Vacant Housing Units | 408 ( 2.6%) |
| Median Home Value | $438,684 |
| Average Home Value | $459,798 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
15,399
Multi-Family
432
Businesses
845
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Nearby investment properties with comparable prices
Listed by: Sabrina Bishop • The Real Estate Group
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10551287
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