2148 Dove Ridge DrVirginia BeachVA23464
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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 Virginia Beach at 2148 Dove Ridge Dr, Virginia Beach, VA, 23464 earns $739/mo cash flow from $2,831/mo rent with a $1,713/mo payment. Total monthly income totals $2,831/mo, and annual cash flow totals $8,867/yr on $115,992 capital. ROI tracks 27.55% on current figures, and rental yield reads 9.71% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 143.56% and total cumulative return in cash sums $166,518. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,831/mo property income instead of your personal income.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23464, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,109 (100%) |
| Owner Occupied HU | 20,321 (69.8%) |
| Renter Occupied HU | 7,987 (27.4%) |
| Vacant Housing Units | 801 ( 2.8%) |
| Median Home Value | $384,194 |
| Average Home Value | $434,023 |
Housing Distribution
Address Breakdown
Residential
28,766
Single Family
26,171
Multi-Family
2,595
Businesses
888
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Listed by: Sean Schroeder • Green Tree Real Estate Inc
Mls Name: REIN Inc.
Mls ID: #10603810