4712 Bromfield AveVirginia 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 4712 Bromfield Ave, Virginia Beach, VA, 23455 listed at $587,000 pairs $3,187/mo rent with a $2,873/mo payment. Total monthly income runs $3,187/mo. Return on cash invested measures 18.06% in year one, and rental yield registers 6.52% at a $587,000 basis. Equity gained on principal adds $3,788/yr, and annual property appreciation at 5% supports $162,177 by year five. Five-year ROI tracks 92.63% and total cumulative return in cash totals $178,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,187/mo property income relative to a $2,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.34 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: Jennie Burge • Long & Foster Real Estate Inc.
Mls Name: REIN Inc.
Mls ID: #10612375