136 Old DrChesapeakeVA23322
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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 136 Old Dr, Chesapeake, VA, 23322 at $595,000 posts ROI 20.11% with $8/mo cash flow from $3,565/mo rent. Total monthly income equals $3,565/mo, and annual cash flow records $101/yr on $195,755 to close. Return on cash invested measures 20.11% and rental yield reads 7.19% at the current $595,000. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 by year five. Five-year ROI prints 103.63% and total cumulative return in cash totals $202,862.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,565/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23322, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 19,301 (84.5%) |
| Renter Occupied HU | 3,054 (13.4%) |
| Vacant Housing Units | 477 ( 2.1%) |
| Median Home Value | $510,303 |
| Average Home Value | $550,245 |
Housing Distribution
Address Breakdown
Residential
23,013
Single Family
22,470
Multi-Family
543
Businesses
841
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Listed by: Carrie Copenhaver • Real Broker LLC
Mls Name: REIN Inc.
Mls ID: #10613384