406 Braden LnSuffolkVA23432
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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 Suffolk at 406 Braden Ln, Suffolk, VA, 23432 with 5% annual appreciation on a $359,990 basis while $2,914/mo rent supports operations. Total monthly income totals $2,914/mo and a $1,762/mo payment preserves $762/mo for cash returns. Annual cash flow comes to $9,144/yr on $119,337 deployed, and return on cash invested reaches 27.57% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,459 alongside rental yield of 9.71%. Five-year ROI measures 143.7% and total cumulative return in cash totals $171,486.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,914/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23432, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 572 (75.7%) |
| Renter Occupied HU | 129 (17.1%) |
| Vacant Housing Units | 55 ( 7.3%) |
| Median Home Value | $454,902 |
| Average Home Value | $473,955 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
53
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