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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chesapeake at 1922 Briton Ln, Chesapeake, VA, 23322 offers a 7.82% rental yield on a $679,900 purchase with $4,430/mo rent. Total monthly income registers $4,430/mo, and a $3,328/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,385/yr on $223,687 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $4,387/yr while 5% annual appreciation supports $187,844 over five years. Portfolio math shows five-year ROI at 113.87% and total cumulative return in cash at $254,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,430/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23322, Chesapeake, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 19,301 (84.5%) |
| Renter Occupied HU | 3,054 (13.4%) |
| Vacant Housing Units | 477 ( 2.1%) |
| Median Home Value | $510,303 |
| Average Home Value | $550,245 |
Residential
23,013
Single Family
22,470
Multi-Family
543
Businesses
841
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Daniel Whalen • Real Broker LLC
Mls Name: REIN Inc.
Mls ID: #10608483
