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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chesapeake at 309 Saddle Ct, Chesapeake, VA, 23323 earns from $2,587/mo rent with a $2,153/mo payment. Total monthly income totals $2,587/mo. ROI tracks 19.21% on current figures, and rental yield reads 7.06% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 98.97% and total cumulative return in cash sums $144,327. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,587/mo property income instead of your personal income.
Single Family
Built in 1989
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23323, Chesapeake, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,889 (100%) |
| Owner Occupied HU | 12,433 (78.2%) |
| Renter Occupied HU | 3,048 (19.2%) |
| Vacant Housing Units | 408 ( 2.6%) |
| Median Home Value | $438,684 |
| Average Home Value | $459,798 |
Residential
15,831
Single Family
15,399
Multi-Family
432
Businesses
845
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $4023.84 | 6.24% | $398,400 | 6.24% |
| 2023-04-22 | $3787.50 | 9.64% | $375,000 | 13.98% |
| 2022-04-22 | $3454.50 | 17.21% | $329,000 | 17.21% |
What's Special
Walk-In
Listed by: Maritza Brandon • The Real Estate Group
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10579476
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