1733 Dromolin St #205Virginia BeachVA23456
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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 Virginia Beach at 1733 Dromolin St #205, Virginia Beach, VA, 23456 offers a 7.64% rental yield on a $294,000 purchase with $1,872/mo rent. Total monthly income registers $1,872/mo, and a $1,439/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,374/yr on $97,461 to close, and return on cash invested stands at 21.32% in year one. Equity gained on principal adds $1,897/yr while 5% annual appreciation supports $81,227 over five years. Portfolio math shows five-year ROI at 110.15% and total cumulative return in cash at $107,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,872/mo property income against a $1,439/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23456, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,148 (100%) |
| Owner Occupied HU | 17,598 (79.5%) |
| Renter Occupied HU | 2,749 (12.4%) |
| Vacant Housing Units | 1,801 ( 8.1%) |
| Median Home Value | $520,060 |
| Average Home Value | $577,130 |
Housing Distribution
Address Breakdown
Residential
21,164
Single Family
21,164
Multi-Family
0
Businesses
939
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Listed by: Jackielyn Espiritu • Thrive Realty
Mls Name: REIN Inc.
Mls ID: #10598906