1609 Shenstone CtVirginia BeachVA23455
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 1609 Shenstone Ct, Virginia Beach, VA, 23455 offers a 4.79% rental yield on a $1,480,000 purchase with $5,905/mo rent. 01% in year one. Equity gained on principal adds $9,550/yr while 5% annual appreciation supports $408,897 over five years. Portfolio math shows five-year ROI at 65.45% and total cumulative return in cash at $313,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,905/mo property income against a $7,244/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roser Neil-Perry • EXIT Realty Central
Mls Name: REIN Inc.
Mls ID: #10593536