2300 Perez WayVirginia BeachVA23456
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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 2300 Perez Way, Virginia Beach, VA, 23456 at $1,149,900 posts ROI 16.4% with from $5,640/mo rent. Total monthly income equals $5,640/mo. Return on cash invested measures 16.4% and rental yield reads 5.89% at the current $1,149,900. Equity gained on principal adds $7,420/yr, and 5% annual appreciation supports $317,696 by year five. Five-year ROI prints 83.63% and total cumulative return in cash totals $311,570. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
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
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Listed by: Mike Little • Iron Valley Real Estate HR
Mls Name: REIN Inc.
Mls ID: #10592595