3518 Remington Ct, Virginia Beach, VA, 23453 | $294/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
866 sft

512 Treble Ct, Virginia Beach, VA, 23462

2 Bed
2 Bath
1008 sft

402 W 31st St #4C, Norfolk, VA, 23508

3 Bed
1 Bath
1158 sft

1217 Bunsen Ct, Norfolk, VA, 23513

Motivated Seller+ 1 more

3 Bed
2 Bath
1320 sft

126 Channing Ave, Portsmouth, VA, 23702

Nearby investment properties with comparable prices

2 Bed
1 Bath
912 sft

2813 Eric Ct, Chesapeake, VA, 23323

4 Bed
1 Bath
1257 sft

8020 Diggs Rd, Norfolk, VA, 23505

3 Bed
2 Bath
1212 sft

2317 Lansing Ave, Portsmouth, VA, 23704

2 Bed
2 Bath
957 sft

507 Wharf Ct, Virginia Beach, VA, 23462

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Virginia Beach at 3518 Remington Ct, Virginia Beach, VA, 23453 generates $1,364/mo in rent and, after a $876/mo payment, leaves $294/mo in cash flow. Total monthly income is $1,364/mo, and annual cash flow is $3,530/yr on $59,305 invested. Return on cash invested sits at 25.86% in year one, and rental yield is 9.15% on a $178,900 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation builds toward $49,427 over five years. Five-year ROI reaches 134.55% and total cumulative return in cash sums $79,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,364/mo property income rather than buyer’s personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA