6836 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
Investment property for sale in Suffolk at 6836 Whaleyville Blvd, Suffolk, VA, 23438 offers a 8.04% rental yield on a $425,000 purchase with $2,846/mo rent. Total monthly income registers $2,846/mo, and a $2,080/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,667/yr on $140,888 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 116.53% and total cumulative return in cash at $164,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,846/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
2.84 Acres 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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