1802 Oyster Bay Ln,Suffolk,VA,23436

Investment Highlights

Investment property for sale in Suffolk at 1802 Oyster Bay Ln, Suffolk, VA, 23436 offers a 7.63% rental yield on a $659,900 purchase with $4,198/mo rent. Total monthly income registers $4,198/mo, and a $3,230/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,037/yr on $217,107 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $4,258/yr while 5% annual appreciation supports $182,318 over five years. Portfolio math shows five-year ROI at 110.85% and total cumulative return in cash at $240,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,198/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.