2208 E Berrie CirVirginia BeachVA23455
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2208 E Berrie Cir, Virginia Beach, VA, 23455 in Virginia Beach earns a 8.22% gross yield at $569,900. Rent of $3,904/mo nets $497/mo after the $2,702/mo mortgage. The 1.44 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $157,453 and $4,777/yr in equity accumulation project a total cumulative return of $236,841.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.2% |
| Monthly Cash Flow | $497 | $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 | $3,904 |
| Total Monthly Debt Service | $3,319 |
| DSCR Ratio | 1.18x |
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.
Condo
Built in 2005
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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Listed by: N/A • N/A
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10630238
