5707 Holy Neck RdSuffolkVA23437
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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 Suffolk at 5707 Holy Neck Rd, Suffolk, VA, 23437 with 5% annual appreciation on a $324,899 basis while $2,320/mo rent supports operations. Total monthly income totals $2,320/mo and a $1,590/mo payment preserves $378/mo for cash returns. Annual cash flow comes to $4,536/yr on $107,704 deployed, and return on cash invested reaches 24.12% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 8.57%. Five-year ROI measures 125.18% and total cumulative return in cash totals $134,825.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,320/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23437, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,068 (100%) |
| Owner Occupied HU | 1,633 (79.0%) |
| Renter Occupied HU | 297 (14.4%) |
| Vacant Housing Units | 138 ( 6.7%) |
| Median Home Value | $407,160 |
| Average Home Value | $468,083 |
Housing Distribution
Address Breakdown
Residential
1,996
Single Family
1,996
Multi-Family
0
Businesses
66
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