512 Treble CtVirginia BeachVA23462
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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 512 Treble Ct, Virginia Beach, VA, 23462 with 5% annual appreciation on a $145,000 basis while $1,159/mo rent supports operations. Total monthly income totals $1,159/mo and a $710/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,503/yr on $48,068 deployed, and return on cash invested reaches 27.2% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.59%. Five-year ROI measures 141.67% and total cumulative return in cash totals $68,096.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,159/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23462, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,678 (100%) |
| Owner Occupied HU | 15,212 (49.6%) |
| Renter Occupied HU | 14,006 (45.7%) |
| Vacant Housing Units | 1,460 ( 4.8%) |
| Median Home Value | $338,229 |
| Average Home Value | $402,753 |
Housing Distribution
Address Breakdown
Residential
29,327
Single Family
25,195
Multi-Family
4,132
Businesses
2,213
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Listed by: Dana Robbins • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10615522