5712 Gretna RdVirginia BeachVA23455
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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 5712 Gretna Rd, Virginia Beach, VA, 23455 priced at $299,999 pairs $2,176/mo rent with $383/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,176/mo, and annual cash flow comes to $4,596/yr on $99,450 invested. Return on cash invested is 24.53% in year one, and rental yield stands at 8.7% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 127.34% and total cumulative return in cash reaches $126,636. For financing, Ziffy Mortgage’s DSCR program evaluates $2,176/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
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Listed by: Jason Everett • Everett Real Estate LLC
Mls Name: REIN Inc.
Mls ID: #10608525