3665 Sandpiper Rd #237Virginia 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
Investment property for sale in Virginia Beach at 3665 Sandpiper Rd #237, Virginia Beach, VA, 23456 earns $239/mo cash flow from $1,435/mo rent with a $979/mo payment. Total monthly income totals $1,435/mo, and annual cash flow totals $2,872/yr on $66,300 capital. ROI tracks 24.24% on current figures, and rental yield reads 8.61% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 125.84% and total cumulative return in cash sums $83,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,435/mo property income instead of your 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: Amy Carder • CRG Coastal
Mls Name: REIN Inc.
Mls ID: #10612910