1409 Maldon CirVirginia 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
Rental property for sale in Virginia Beach at 1409 Maldon Cir, Virginia Beach, VA, 23464 generates $2,581/mo in rent, after a $2,570/mo payment. Total monthly income is $2,581/mo. Return on cash invested sits at 16.19% in year one, and rental yield is 5.9% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 82.58% and total cumulative return in cash sums $142,641. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,581/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
N/A lot
$N/A/sqft
No 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: Ashley Whyles • Iron Valley Real Est Norfolk
Mls Name: REIN Inc.
Mls ID: #10613354