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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chesapeake at 509 Graphite Trl, Chesapeake, VA, 23320 uses $223,687 cash to close to unlock $1,865/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $4,220/mo, and a $3,328/mo payment keeps the spread at $155/mo. Purchase price stands at $679,900, and rental yield measures 7.45% with $4,220/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 107.83% and total cumulative return in cash records $241,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,220/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 2016
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23320, Chesapeake, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,228 (100%) |
| Owner Occupied HU | 16,419 (60.3%) |
| Renter Occupied HU | 9,921 (36.4%) |
| Vacant Housing Units | 888 ( 3.3%) |
| Median Home Value | $404,246 |
| Average Home Value | $433,358 |
Residential
26,352
Single Family
23,973
Multi-Family
2,379
Businesses
2,648
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lisa Sellers • Iron Valley Real Est Norfolk
Mls Name: REIN Inc.
Mls ID: #10613757
