6524 Ferry Point RdSuffolkVA23432
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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 Suffolk at 6524 Ferry Point Rd, Suffolk, VA, 23432 listed at $534,900 pairs $3,468/mo rent with a $2,618/mo payment to leave $271/mo cash flow. Total monthly income runs $3,468/mo, and annual cash flow reaches $3,246/yr on $175,982 cash to close. Return on cash invested measures 21.9% in year one, and rental yield registers 7.78% at a $534,900 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,783 by year five. Five-year ROI tracks 113.24% and total cumulative return in cash totals $199,281. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,468/mo property income relative to a $2,618/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
3.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23432, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 572 (75.7%) |
| Renter Occupied HU | 129 (17.1%) |
| Vacant Housing Units | 55 ( 7.3%) |
| Median Home Value | $454,902 |
| Average Home Value | $473,955 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
53
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