304 Cavalier DrVirginia BeachVA23451
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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
Rental property for sale in Virginia Beach at 304 Cavalier Dr, Virginia Beach, VA, 23451 priced at $1,395,000 pairs $3,368/mo rent with after a $6,828/mo payment. Total monthly income equals $3,368/mo. Return on cash invested is 7.17% in year one, and rental yield stands at 2.9% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 34.15% and total cumulative return in cash reaches $154,366. For financing, Ziffy Mortgage’s DSCR program evaluates $3,368/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23451, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,668 (100%) |
| Owner Occupied HU | 11,149 (43.4%) |
| Renter Occupied HU | 10,477 (40.8%) |
| Vacant Housing Units | 4,042 (15.7%) |
| Median Home Value | $687,053 |
| Average Home Value | $816,102 |
Housing Distribution
Address Breakdown
Residential
24,175
Single Family
18,609
Multi-Family
5,566
Businesses
1,835
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Listed by: Susan Pender • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10613025