437 E Farmington RdVirginia BeachVA23454
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
Investment Highlights
Investment property for sale in Virginia Beach at 437 E Farmington Rd, Virginia Beach, VA, 23454 at $465,000 posts ROI 19.65% with from $2,747/mo rent. Total monthly income equals $2,747/mo. Return on cash invested measures 19.65% and rental yield reads 7.09% at the current $465,000. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 by year five. Five-year ROI prints 101.22% and total cumulative return in cash totals $156,023. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,747/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23454, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,857 (100%) |
| Owner Occupied HU | 15,563 (65.2%) |
| Renter Occupied HU | 7,512 (31.5%) |
| Vacant Housing Units | 782 ( 3.3%) |
| Median Home Value | $480,811 |
| Average Home Value | $569,803 |
Housing Distribution
Address Breakdown
Residential
24,182
Single Family
21,247
Multi-Family
2,935
Businesses
1,629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Racheal Pridgen • Keller Williams Town Center
Mls Name: REIN Inc.
Mls ID: #10615093