5276 Settlers Park DrVirginia BeachVA23464
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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 5276 Settlers Park Dr, Virginia Beach, VA, 23464 generates $2,369/mo in rent and, after a $1,407/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,369/mo, and annual cash flow is $7,806/yr on $95,306 invested. Return on cash invested sits at 28.1% in year one, and rental yield is 9.89% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 146.51% and total cumulative return in cash sums $139,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,369/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
2,273 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23464, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,109 (100%) |
| Owner Occupied HU | 20,321 (69.8%) |
| Renter Occupied HU | 7,987 (27.4%) |
| Vacant Housing Units | 801 ( 2.8%) |
| Median Home Value | $384,194 |
| Average Home Value | $434,023 |
Housing Distribution
Address Breakdown
Residential
28,766
Single Family
26,171
Multi-Family
2,595
Businesses
888
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Listed by: Vicki Salice • Sunrise Real Estate Group
Mls Name: REIN Inc.
Mls ID: #10604302