304 Ruddy CresVirginia BeachVA23456
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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 Virginia Beach at 304 Ruddy Cres, Virginia Beach, VA, 23456 with 5% annual appreciation on a $1,395,000 basis while $4,434/mo rent supports operations. Equity gained on principal adds $9,002/yr, and five-year appreciation sums $385,413 alongside rental yield of 3.81%. Five-year ROI measures 49.33% and total cumulative return in cash totals $222,958. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,434/mo property income versus a $6,828/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
0.37 Acres 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 |
Housing Distribution
Address Breakdown
Residential
21,164
Single Family
21,164
Multi-Family
0
Businesses
939
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Listed by: Christopher Dennis • Sandbridge Coastal Real Estate
Mls Name: REIN Inc.
Mls ID: #10598982