3001 Hogan WaySuffolkVA23435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Suffolk at 3001 Hogan Way, Suffolk, VA, 23435 earns $794/mo cash flow from $3,040/mo rent with a $1,839/mo payment. Total monthly income totals $3,040/mo, and annual cash flow totals $9,527/yr on $124,578 capital. ROI tracks 27.56% on current figures, and rental yield reads 9.71% at a $375,800 purchase. Equity gained on principal adds $2,425/yr, and 5% annual appreciation supports $103,827 over five years. Five-year ROI reaches 143.57% and total cumulative return in cash sums $178,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,040/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23435, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 9,314 (64.2%) |
| Renter Occupied HU | 4,353 (30.0%) |
| Vacant Housing Units | 834 ( 5.8%) |
| Median Home Value | $413,758 |
| Average Home Value | $470,109 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
13,526
Multi-Family
706
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices