200 Mulberry LnSuffolkVA23432
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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
Rental property for sale in Suffolk at 200 Mulberry Ln, Suffolk, VA, 23432 priced at $398,000 pairs $3,263/mo rent with $884/mo cash flow after a $1,948/mo payment. Total monthly income equals $3,263/mo, and annual cash flow comes to $10,606/yr on $131,937 invested. Return on cash invested is 27.95% in year one, and rental yield stands at 9.84% on a $398,000 basis. Equity gained on principal adds $2,568/yr, and 5% annual appreciation accumulates to $109,960 by year five. Five-year ROI measures 145.66% and total cumulative return in cash reaches $192,180. For financing, Ziffy Mortgage’s DSCR program evaluates $3,263/mo property income against a $1,948/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23432, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 572 (75.7%) |
| Renter Occupied HU | 129 (17.1%) |
| Vacant Housing Units | 55 ( 7.3%) |
| Median Home Value | $454,902 |
| Average Home Value | $473,955 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
53
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