4656 Georgetown PlVirginia BeachVA23455
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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 Virginia Beach at 4656 Georgetown Pl, Virginia Beach, VA, 23455 listed at $259,000 pairs $2,575/mo rent with a $1,268/mo payment to leave $1,026/mo cash flow. Total monthly income runs $2,575/mo, and annual cash flow reaches $12,317/yr on $85,859 cash to close. Return on cash invested measures 34.25% in year one, and rental yield registers 11.93% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 179.52% and total cumulative return in cash totals $154,132. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,575/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
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Listed by: James Butler • Iron Valley Real Estate HR
Mls Name: REIN Inc.
Mls ID: #10610470