309 Pompano LnVirginia 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 309 Pompano Ln, Virginia Beach, VA, 23456 at $700,000 posts ROI 14.1% with from $3,040/mo rent. Total monthly income equals $3,040/mo. Return on cash invested measures 14.1% and rental yield reads 5.21% at the current $700,000. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 by year five. Five-year ROI prints 71.37% and total cumulative return in cash totals $164,356. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
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 |
Housing Distribution
Address Breakdown
Residential
21,164
Single Family
21,164
Multi-Family
0
Businesses
939
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Listed by: Craig Snyder • Dash-2 Real Estate
Mls Name: REIN Inc.
Mls ID: #10613983