2412 Cedar Bark RdVirginia BeachVA23454
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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 2412 Cedar Bark Rd, Virginia Beach, VA, 23454 earns from $3,562/mo rent with a $3,549/mo payment. Total monthly income totals $3,562/mo. ROI tracks 16.17% on current figures, and rental yield reads 5.9% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 82.5% and total cumulative return in cash sums $196,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,562/mo property income instead of your personal income.
Single Family
Built in 1963
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23454, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,857 (100%) |
| Owner Occupied HU | 15,563 (65.2%) |
| Renter Occupied HU | 7,512 (31.5%) |
| Vacant Housing Units | 782 ( 3.3%) |
| Median Home Value | $480,811 |
| Average Home Value | $569,803 |
Housing Distribution
Address Breakdown
Residential
24,182
Single Family
21,247
Multi-Family
2,935
Businesses
1,629
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Listed by: Mike Steele • The Real Estate Group
Mls Name: REIN Inc.
Mls ID: #10613731