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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Suffolk at 2511 Pittmantown Rd, Suffolk, VA, 23438 at $639,000 posts ROI 10.74% with from $2,188/mo rent. Total monthly income equals $2,188/mo. Return on cash invested measures 10.74% and rental yield reads 4.11% at the current $639,000. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 by year five. Five-year ROI prints 53.38% and total cumulative return in cash totals $112,228. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
19.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23438, Suffolk, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 631 (77.8%) |
| Renter Occupied HU | 97 (12.0%) |
| Vacant Housing Units | 83 (10.2%) |
| Median Home Value | $419,922 |
| Average Home Value | $502,258 |
Residential
818
Single Family
818
Multi-Family
0
Businesses
40
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $415.16 | 18.29% | $38,800 | 20.50% |
| 2023-04-18 | $350.98 | 23.37% | $32,200 | 23.37% |
| 2022-04-18 | $284.49 | -0.66% | $26,100 | 1.16% |
What's Special
Walk-In
Listed by: Tommy Holland • The Real Estate Group
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10578715
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