700 Achilles CtVirginia BeachVA23464
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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 700 Achilles Ct, Virginia Beach, VA, 23464 at $589,000 posts ROI 20.72% with $107/mo cash flow from $3,628/mo rent. Total monthly income equals $3,628/mo, and annual cash flow records $1,283/yr on $193,781 to close. Return on cash invested measures 20.72% and rental yield reads 7.39% at the current $589,000. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 by year five. Five-year ROI prints 106.88% and total cumulative return in cash totals $207,110.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,628/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23464, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,109 (100%) |
| Owner Occupied HU | 20,321 (69.8%) |
| Renter Occupied HU | 7,987 (27.4%) |
| Vacant Housing Units | 801 ( 2.8%) |
| Median Home Value | $384,194 |
| Average Home Value | $434,023 |
Housing Distribution
Address Breakdown
Residential
28,766
Single Family
26,171
Multi-Family
2,595
Businesses
888
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Listed by: Jon Bourque • Verian Realty
Mls Name: REIN Inc.
Mls ID: #10605594