362 Bob White PkwySuffolkVA23435
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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 362 Bob White Pkwy, Suffolk, VA, 23435 priced at $559,500 pairs $3,668/mo rent with $324/mo cash flow after a $2,738/mo payment. Total monthly income equals $3,668/mo, and annual cash flow comes to $3,886/yr on $184,076 invested. Return on cash invested is 22.17% in year one, and rental yield stands at 7.87% on a $559,500 basis. Equity gained on principal adds $3,610/yr, and 5% annual appreciation accumulates to $154,580 by year five. Five-year ROI measures 114.65% and total cumulative return in cash reaches $211,048. For financing, Ziffy Mortgage’s DSCR program evaluates $3,668/mo property income against a $2,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23435, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 9,314 (64.2%) |
| Renter Occupied HU | 4,353 (30.0%) |
| Vacant Housing Units | 834 ( 5.8%) |
| Median Home Value | $413,758 |
| Average Home Value | $470,109 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
13,526
Multi-Family
706
Businesses
709
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