2850 Chesapeake Blvd, Norfolk, VA, 23509 | $379/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norfolk at 2850 Chesapeake Blvd, Norfolk, VA, 23509 uses $99,411 cash to close to unlock $4,550/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,468/mo payment keeps the spread at $379/mo. Purchase price stands at $299,883, and rental yield measures 8.69% with $2,172/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $82,852 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash records $126,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 1972

N/A lot

$N/A/sqft

No HOA