2264 Bizzone CirVirginia 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 2264 Bizzone Cir, Virginia Beach, VA, 23464 listed at $345,000 pairs $2,742/mo rent with a $1,689/mo payment to leave $679/mo cash flow. Total monthly income runs $2,742/mo, and annual cash flow reaches $8,151/yr on $114,368 cash to close. Return on cash invested measures 27.04% in year one, and rental yield registers 9.54% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 140.81% and total cumulative return in cash totals $161,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,742/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
3,301 sqft 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: Shraddha Shah • Small-Shah Residential RE Adv.
Mls Name: REIN Inc.
Mls ID: #10609218