4135 Atlantic Ave #303Virginia BeachVA23451
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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 4135 Atlantic Ave #303, Virginia Beach, VA, 23451 generates $3,431/mo in rent, after a $6,356/mo payment. Total monthly income is $3,431/mo. Return on cash invested sits at 4.3% in year one, and rental yield is 3.17% on a $1,298,600 entry. Equity gained on principal adds $8,380/yr, while 5% annual appreciation builds toward $358,779 over five years. Five-year ROI reaches 20.09% and total cumulative return in cash sums $84,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,431/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$1,098 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23451, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,668 (100%) |
| Owner Occupied HU | 11,149 (43.4%) |
| Renter Occupied HU | 10,477 (40.8%) |
| Vacant Housing Units | 4,042 (15.7%) |
| Median Home Value | $687,053 |
| Average Home Value | $816,102 |
Housing Distribution
Address Breakdown
Residential
24,175
Single Family
18,609
Multi-Family
5,566
Businesses
1,835
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Listed by: N/A • N/A
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Mls ID: #N/A