1960 Darnell DrVirginia BeachVA23455
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1960 Darnell Dr, Virginia Beach, VA, 23455 in Virginia Beach. At $249,950 it earns $2,092/mo in rent and distributes $337/mo to the owner after the $1,185/mo payment, a consistent 10.04% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $69,057 in value; $2,095/yr in principal paydown compounds ownership stake. Total projected return: $128,350.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.2% |
| Monthly Cash Flow | $337 | $1,850 |
City averages based on Virginia Beach market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,092 |
| Total Monthly Debt Service | $1,456 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10652709
