2915 Berkley AveChesapeakeVA23325
Nearby investment properties with comparable rents
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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 2915 Berkley Ave, Chesapeake, VA, 23325 listed at $416,900 pairs $2,230/mo rent with a $2,041/mo payment. Total monthly income runs $2,230/mo. Return on cash invested measures 17.63% in year one, and rental yield registers 6.42% at a $416,900 basis. Equity gained on principal adds $2,690/yr, and annual property appreciation at 5% supports $115,182 by year five. Five-year ROI tracks 90.35% and total cumulative return in cash totals $124,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,230/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23325, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,192 (100%) |
| Owner Occupied HU | 4,772 (66.4%) |
| Renter Occupied HU | 2,156 (30.0%) |
| Vacant Housing Units | 264 ( 3.7%) |
| Median Home Value | $325,568 |
| Average Home Value | $395,949 |
Housing Distribution
Address Breakdown
Residential
7,264
Single Family
7,212
Multi-Family
52
Businesses
284
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Listed by: Charlene Howard • Long & Foster Real Estate Inc.
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10586013
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