6140 Whaleyville BlvdSuffolkVA23438
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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 Suffolk at 6140 Whaleyville Blvd, Suffolk, VA, 23438 generates $2,267/mo in rent and, after a $1,541/mo payment, leaves $385/mo in cash flow. Total monthly income is $2,267/mo, and annual cash flow is $4,618/yr on $104,389 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 8.64% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 126.26% and total cumulative return in cash sums $131,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,267/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23438, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 631 (77.8%) |
| Renter Occupied HU | 97 (12.0%) |
| Vacant Housing Units | 83 (10.2%) |
| Median Home Value | $419,922 |
| Average Home Value | $502,258 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
40
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