1500 Timber TrlSuffolkVA23433
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 Suffolk at 1500 Timber Trl, Suffolk, VA, 23433 offers a 7.64% rental yield on a $950,000 purchase with $6,048/mo rent. Total monthly income registers $6,048/mo, and a $4,650/mo payment leaves $369/mo available for distribution. Annual cash flow reaches $4,426/yr on $312,550 to close, and return on cash invested stands at 21.48% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 110.93% and total cumulative return in cash at $346,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,048/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23433, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 510 (86.6%) |
| Renter Occupied HU | 44 ( 7.5%) |
| Vacant Housing Units | 35 ( 5.9%) |
| Median Home Value | $571,237 |
| Average Home Value | $666,833 |
Housing Distribution
Address Breakdown
Residential
580
Single Family
580
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices