635 Biltmore DrVirginia BeachVA23454
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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 635 Biltmore Dr, Virginia Beach, VA, 23454 with 5% annual appreciation on a $325,000 basis while $2,647/mo rent supports operations. Total monthly income totals $2,647/mo and a $1,591/mo payment preserves $704/mo for cash returns. Annual cash flow comes to $8,447/yr on $107,738 deployed, and return on cash invested reaches 27.75% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 9.77%. Five-year ROI measures 144.61% and total cumulative return in cash totals $155,797.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,647/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23454, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,857 (100%) |
| Owner Occupied HU | 15,563 (65.2%) |
| Renter Occupied HU | 7,512 (31.5%) |
| Vacant Housing Units | 782 ( 3.3%) |
| Median Home Value | $480,811 |
| Average Home Value | $569,803 |
Housing Distribution
Address Breakdown
Residential
24,182
Single Family
21,247
Multi-Family
2,935
Businesses
1,629
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Listed by: Lora More • A Better Way Realty Inc.
Mls Name: REIN Inc.
Mls ID: #10599368