3852 Lasalle Dr APT 101, Virginia Beach, VA, 23453 | $589/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Virginia Beach at 3852 Lasalle Dr APT 101, Virginia Beach, VA, 23453 uses $82,875 cash to close to unlock $7,070/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $2,084/mo, and a $1,224/mo payment keeps the spread at $589/mo. Purchase price stands at $250,000, and rental yield measures 10% with $2,084/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 148.36% and total cumulative return in cash records $122,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,084/mo property income covering a $1,224/mo payment rather than investor’s personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA