1709 Purpose Dr, Virginia Beach, VA, 23453 | $770/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Virginia Beach at 1709 Purpose Dr, Virginia Beach, VA, 23453 earns $770/mo cash flow from $4,399/mo rent with a $2,971/mo payment. Total monthly income totals $4,399/mo, and annual cash flow totals $9,245/yr on $199,703 capital. ROI tracks 24.69% on current figures, and rental yield reads 8.7% at a $607,000 purchase. Equity gained on principal adds $3,917/yr, and 5% annual appreciation supports $167,703 over five years. Five-year ROI reaches 128.17% and total cumulative return in cash sums $255,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,399/mo property income instead of your personal income.

Single Family

Built in 2004

N/A lot

$N/A/sqft

No HOA