1376 Glyndon DrVirginia BeachVA23464
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 1376 Glyndon Dr, Virginia Beach, VA, 23464 uses $87,848 cash to close to unlock $10,291/yr annual cash flow and $858/mo monthly cash flow. Total monthly income runs $2,519/mo, and a $1,297/mo payment keeps the spread at $858/mo. Purchase price stands at $265,000, and rental yield measures 11.41% with $2,519/mo rent. Return on cash invested shows 31.62% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 165.78% and total cumulative return in cash records $145,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,519/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Multi Family
Built in 1974
1,457 sqft lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23464, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,109 (100%) |
| Owner Occupied HU | 20,321 (69.8%) |
| Renter Occupied HU | 7,987 (27.4%) |
| Vacant Housing Units | 801 ( 2.8%) |
| Median Home Value | $384,194 |
| Average Home Value | $434,023 |
Housing Distribution
Address Breakdown
Residential
28,766
Single Family
26,171
Multi-Family
2,595
Businesses
888
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A