1825 Tidewater DrNorfolkVA23504
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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 Norfolk at 1825 Tidewater Dr, Norfolk, VA, 23504 at $115,000 posts ROI 33.74% with $439/mo cash flow from $1,127/mo rent. Total monthly income equals $1,127/mo, and annual cash flow records $5,273/yr on $38,123 to close. Return on cash invested measures 33.74% and rental yield reads 11.76% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 176.8% and total cumulative return in cash totals $67,401.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,127/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1944
4,652 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23504, Norfolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,054 (100%) |
| Owner Occupied HU | 3,073 (33.9%) |
| Renter Occupied HU | 5,271 (58.2%) |
| Vacant Housing Units | 710 ( 7.8%) |
| Median Home Value | $300,814 |
| Average Home Value | $367,484 |
Housing Distribution
Address Breakdown
Residential
8,556
Single Family
7,432
Multi-Family
1,124
Businesses
538
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