4700 Springtree CtVirginia 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 4700 Springtree Ct, Virginia Beach, VA, 23455 listed at $639,000 pairs $4,940/mo rent with a $3,128/mo payment to leave $1,120/mo cash flow. Total monthly income runs $4,940/mo, and annual cash flow reaches $13,437/yr on $210,231 cash to close. Return on cash invested measures 26.45% in year one, and rental yield registers 9.28% at a $639,000 basis. Equity gained on principal adds $4,123/yr, and annual property appreciation at 5% supports $176,544 by year five. Five-year ROI tracks 137.62% and total cumulative return in cash totals $289,312. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,940/mo property income relative to a $3,128/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.27 Acres 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: Steven Conner • Bowman Realty
Mls Name: REIN Inc.
Mls ID: #10609903