6944 Crittenden 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 6944 Crittenden Rd, Suffolk, VA, 23432 offers a 6.61% rental yield on a $385,000 purchase with $2,122/mo rent. 23% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 93.52% and total cumulative return in cash at $119,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,122/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
N/A 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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