591 Grant AveVirginia BeachVA23452
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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 591 Grant Ave, Virginia Beach, VA, 23452 at $360,000 posts ROI 23.17% with $324/mo cash flow from $2,476/mo rent. Total monthly income equals $2,476/mo, and annual cash flow records $3,888/yr on $119,340 to close. Return on cash invested measures 23.17% and rental yield reads 8.25% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 120.02% and total cumulative return in cash totals $143,229.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,476/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
5,536 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23452, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,682 (100%) |
| Owner Occupied HU | 14,536 (61.4%) |
| Renter Occupied HU | 8,344 (35.2%) |
| Vacant Housing Units | 802 ( 3.4%) |
| Median Home Value | $388,463 |
| Average Home Value | $528,188 |
Housing Distribution
Address Breakdown
Residential
23,604
Single Family
20,038
Multi-Family
3,566
Businesses
2,560
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Listed by: Gerry Sessor • A Better Way Realty Inc.
Mls Name: REIN Inc.
Mls ID: #10591177