6267 Taylor DrNorfolkVA23502
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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 Norfolk at 6267 Taylor Dr, Norfolk, VA, 23502 uses $180,950 cash to close to unlock $3,098/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $3,546/mo, and a $2,692/mo payment keeps the spread at $258/mo. Purchase price stands at $550,000, and rental yield measures 7.74% with $3,546/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 112.54% and total cumulative return in cash records $203,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,546/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23502, Norfolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,404 (100%) |
| Owner Occupied HU | 4,627 (49.2%) |
| Renter Occupied HU | 3,901 (41.5%) |
| Vacant Housing Units | 876 ( 9.3%) |
| Median Home Value | $329,468 |
| Average Home Value | $391,674 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
7,927
Multi-Family
843
Businesses
1,377
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