1716 Bancroft RdChesapeakeVA23320
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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
Total monthly income runs $4,194/mo, and a $3,791/mo payment. Purchase price stands at $774,500, and rental yield measures 6.5% with $4,194/mo rent. Return on cash invested shows 18.01% in year one, and 5% annual appreciation builds toward $213,980 over five years. Five-year ROI reaches 92.32% and total cumulative return in cash records $235,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,194/mo property income covering a $3,791/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23320, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,228 (100%) |
| Owner Occupied HU | 16,419 (60.3%) |
| Renter Occupied HU | 9,921 (36.4%) |
| Vacant Housing Units | 888 ( 3.3%) |
| Median Home Value | $404,246 |
| Average Home Value | $433,358 |
Housing Distribution
Address Breakdown
Residential
26,352
Single Family
23,973
Multi-Family
2,379
Businesses
2,648
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Listed by: Nicole Maggio-Deaton • Chesapeake Homes - Coastal VA - Haven at Centerville
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N510000000187
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.