500 Barberton DrVirginia BeachVA23451
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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 500 Barberton Dr, Virginia Beach, VA, 23451 offers $1,879/mo rent that, after a $1,121/mo payment, leaves $510/mo cash flow. Total monthly income is $1,879/mo, and annual cash flow is $6,119/yr on $75,914 cash. Return on cash invested measures 27.97% in year one, and rental yield stands at 9.85% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 145.78% and total cumulative return in cash reaches $110,669. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,879/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23451, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,668 (100%) |
| Owner Occupied HU | 11,149 (43.4%) |
| Renter Occupied HU | 10,477 (40.8%) |
| Vacant Housing Units | 4,042 (15.7%) |
| Median Home Value | $687,053 |
| Average Home Value | $816,102 |
Housing Distribution
Address Breakdown
Residential
24,175
Single Family
18,609
Multi-Family
5,566
Businesses
1,835
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Listed by: Alley Moore • Consumer Real Estate Group LLC
Mls Name: REIN Inc.
Mls ID: #10613075