323 Sherwood DrSuffolkVA23434
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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 Suffolk at 323 Sherwood Dr, Suffolk, VA, 23434 priced at $382,500 pairs $2,900/mo rent with $614/mo cash flow after a $1,872/mo payment. Total monthly income equals $2,900/mo, and annual cash flow comes to $7,363/yr on $126,799 invested. Return on cash invested is 25.72% in year one, and rental yield stands at 9.1% on a $382,500 basis. Equity gained on principal adds $2,468/yr, and 5% annual appreciation accumulates to $105,678 by year five. Five-year ROI measures 133.71% and total cumulative return in cash reaches $169,542. For financing, Ziffy Mortgage’s DSCR program evaluates $2,900/mo property income against a $1,872/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23434, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,667 (100%) |
| Owner Occupied HU | 14,067 (62.1%) |
| Renter Occupied HU | 6,804 (30.0%) |
| Vacant Housing Units | 1,796 ( 7.9%) |
| Median Home Value | $358,701 |
| Average Home Value | $380,551 |
Housing Distribution
Address Breakdown
Residential
22,290
Single Family
21,209
Multi-Family
1,081
Businesses
1,240
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