3037 Polk Dr, Virginia Beach, VA, 23456 | 6.96% Rental Yield

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

Total monthly income runs $3,192/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 6.96% with $3,192/mo rent. Return on cash invested shows 19.42% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 99.95% and total cumulative return in cash records $180,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,192/mo property income covering a $2,692/mo payment rather than investor’s personal income.

Single Family

Built in 1996

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23456, Virginia Beach, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,148 (100%)
Owner Occupied HU	17,598 (79.5%)
Renter Occupied HU	2,749 (12.4%)
Vacant Housing Units	1,801 ( 8.1%)
Median Home Value	$520,060
Average Home Value	$577,130