447 Benlea CirVirginia BeachVA23454
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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 447 Benlea Cir, Virginia Beach, VA, 23454 generates $2,296/mo in rent and, after a $1,419/mo payment, leaves $563/mo in cash flow. Total monthly income is $2,296/mo, and annual cash flow is $6,754/yr on $96,135 invested. Return on cash invested sits at 26.93% in year one, and rental yield is 9.5% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 140.24% and total cumulative return in cash sums $134,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,296/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
N/A 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
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Listed by: Tracy-Anne Mosley • Creed Realty
Mls Name: REIN Inc.
Mls ID: #10607748