2177 Locksley ArchVirginia BeachVA23456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2177 Locksley Arch, Virginia Beach, VA, 23456 offers a 5.35% rental yield on a $924,900 purchase with $4,121/mo rent. 51% in year one. Equity gained on principal adds $5,968/yr while 5% annual appreciation supports $255,533 over five years. Portfolio math shows five-year ROI at 73.58% and total cumulative return in cash at $223,889. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,121/mo property income against a $4,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23456, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,148 (100%) |
| Owner Occupied HU | 17,598 (79.5%) |
| Renter Occupied HU | 2,749 (12.4%) |
| Vacant Housing Units | 1,801 ( 8.1%) |
| Median Home Value | $520,060 |
| Average Home Value | $577,130 |
Housing Distribution
Address Breakdown
Residential
21,164
Single Family
21,164
Multi-Family
0
Businesses
939
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Morrill • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10614445