648 Kings Grant RdVirginia BeachVA23452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 648 Kings Grant Rd, Virginia Beach, VA, 23452 priced at $634,900 pairs $3,703/mo rent with after a $3,108/mo payment. Total monthly income equals $3,703/mo. Return on cash invested is 19.53% in year one, and rental yield stands at 7% on a $634,900 basis. Equity gained on principal adds $4,097/yr, and 5% annual appreciation accumulates to $175,411 by year five. Five-year ROI measures 100.5% and total cumulative return in cash reaches $209,929. For financing, Ziffy Mortgage’s DSCR program evaluates $3,703/mo property income against a $3,108/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.57 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kris Weaver • Atlantic Sothebys Int'l Realty
Mls Name: REIN Inc.
Mls ID: #10604171