2104 Pershing AveNorfolkVA23509
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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 2104 Pershing Ave, Norfolk, VA, 23509 with 5% annual appreciation on a $292,999 basis while $2,575/mo rent supports operations. Total monthly income totals $2,575/mo and a $1,434/mo payment preserves $818/mo for cash returns. Annual cash flow comes to $9,819/yr on $97,129 deployed, and return on cash invested reaches 30.02% in year one. Equity gained on principal adds $1,891/yr, and five-year appreciation sums $80,950 alongside rental yield of 10.55%. Five-year ROI measures 156.83% and total cumulative return in cash totals $152,326.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,575/mo property income versus a $1,434/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
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Listed by: Christopher Wright • ONYX Realty Professionals
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10555390
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