150 Horseback LnSuffolkVA23437
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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 Suffolk at 150 Horseback Ln, Suffolk, VA, 23437 at $695,000 posts ROI 11.82% with from $2,585/mo rent. Total monthly income equals $2,585/mo. Return on cash invested measures 11.82% and rental yield reads 4.46% at the current $695,000. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 by year five. Five-year ROI prints 59.17% and total cumulative return in cash totals $135,294. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,585/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
22.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23437, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,068 (100%) |
| Owner Occupied HU | 1,633 (79.0%) |
| Renter Occupied HU | 297 (14.4%) |
| Vacant Housing Units | 138 ( 6.7%) |
| Median Home Value | $407,160 |
| Average Home Value | $468,083 |
Housing Distribution
Address Breakdown
Residential
1,996
Single Family
1,996
Multi-Family
0
Businesses
66
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