1305 Watersedge DrVirginia BeachVA23452
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 1305 Watersedge Dr, Virginia Beach, VA, 23452 earns from $5,332/mo rent with a $4,894/mo payment. Total monthly income totals $5,332/mo. ROI tracks 17.71% on current figures, and rental yield reads 6.4% at a $999,900 purchase. Equity gained on principal adds $6,452/yr, and 5% annual appreciation supports $276,254 over five years. Five-year ROI reaches 90.72% and total cumulative return in cash sums $298,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,332/mo property income instead of your personal income.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23452, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,682 (100%) |
| Owner Occupied HU | 14,536 (61.4%) |
| Renter Occupied HU | 8,344 (35.2%) |
| Vacant Housing Units | 802 ( 3.4%) |
| Median Home Value | $388,463 |
| Average Home Value | $528,188 |
Housing Distribution
Address Breakdown
Residential
23,604
Single Family
20,038
Multi-Family
3,566
Businesses
2,560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Kramer • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10592498