3665 Sandpiper Rd #47Virginia BeachVA23456
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3665 Sandpiper Rd #47, Virginia Beach, VA, 23456 in Virginia Beach hard to pass up. The 11.61% gross yield on a $299,500 purchase results in $2,897/mo in rent and $1,106/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.15). Annual cash flow of $13,277, five-year appreciation of $82,746, and $2,758/yr in equity build-up combine for a projected total cumulative return of $184,496.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.2% |
| Monthly Cash Flow | $1,106 | $1,850 |
City averages based on Virginia Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,897 |
| Total Monthly Debt Service | $1,671 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Barton • Sandbridge Life Realty Group
Mls Name: REIN Inc.
Mls ID: #10608654