2701 Cedarville RdChesapeakeVA23322
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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 Chesapeake at 2701 Cedarville Rd, Chesapeake, VA, 23322 with 5% annual appreciation on a $828,800 basis while $4,895/mo rent supports operations. 8% in year one. Equity gained on principal adds $5,348/yr, and five-year appreciation sums $228,982 alongside rental yield of 7.09%. Five-year ROI measures 101.94% and total cumulative return in cash totals $277,958. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,895/mo property income versus a $4,057/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23322, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 19,301 (84.5%) |
| Renter Occupied HU | 3,054 (13.4%) |
| Vacant Housing Units | 477 ( 2.1%) |
| Median Home Value | $510,303 |
| Average Home Value | $550,245 |
Housing Distribution
Address Breakdown
Residential
23,013
Single Family
22,470
Multi-Family
543
Businesses
841
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Listed by: N/A • N/A
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