3413 Bapaume Ave,Norfolk,VA,23509

Investment Highlights

Rental property for sale in Norfolk at 3413 Bapaume Ave, Norfolk, VA, 23509 generates $1,880/mo in rent and, after a $1,468/mo payment, leaves $87/mo in cash flow. Total monthly income is $1,880/mo, and annual cash flow is $1,045/yr on $99,417 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 7.52% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 108.24% and total cumulative return in cash sums $107,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.