35197 Hillsborough DrBelle HavenVA23306
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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 Belle Haven at 35197 Hillsborough Dr, Belle Haven, VA, 23306 offers a 7.74% rental yield on a $415,000 purchase with $2,676/mo rent. Total monthly income registers $2,676/mo, and a $2,031/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,345/yr on $137,573 to close, and return on cash invested stands at 21.61% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 111.73% and total cumulative return in cash at $153,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,676/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23306, Belle Haven, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 595 (100%) |
| Owner Occupied HU | 368 (61.8%) |
| Renter Occupied HU | 128 (21.5%) |
| Vacant Housing Units | 99 (16.6%) |
| Median Home Value | $264,815 |
| Average Home Value | $332,976 |
Housing Distribution
Address Breakdown
Residential
246
Single Family
246
Multi-Family
0
Businesses
73
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Listed by: Betty Ann Latimer, Gri, Abr • Coastal Shore Real Estate - Cape Charles
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #64416
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