3665 Sandpiper Rd #157Virginia BeachVA23456
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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 Virginia Beach at 3665 Sandpiper Rd #157, Virginia Beach, VA, 23456 generates $2,828/mo in rent and, after a $1,419/mo payment, leaves $1,095/mo in cash flow. Total monthly income is $2,828/mo, and annual cash flow is $13,138/yr on $96,135 invested. Return on cash invested sits at 33.58% in year one, and rental yield is 11.7% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 175.83% and total cumulative return in cash sums $169,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,828/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23456, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,148 (100%) |
| Owner Occupied HU | 17,598 (79.5%) |
| Renter Occupied HU | 2,749 (12.4%) |
| Vacant Housing Units | 1,801 ( 8.1%) |
| Median Home Value | $520,060 |
| Average Home Value | $577,130 |
Housing Distribution
Address Breakdown
Residential
21,164
Single Family
21,164
Multi-Family
0
Businesses
939
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Listed by: Brinda Griffin • Griffin Realty LLC
Mls Name: REIN Inc.
Mls ID: #10611599