708 Stalham RdChesapeakeVA23325
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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
Rental property for sale in Chesapeake at 708 Stalham Rd, Chesapeake, VA, 23325 priced at $275,000 converts $2,058/mo rent into $414/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,058/mo, and annual cash flow totals $4,969/yr on $91,163 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 8.98% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 131.86% and total cumulative return in cash sums $120,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,058/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1956
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23325, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,192 (100%) |
| Owner Occupied HU | 4,772 (66.4%) |
| Renter Occupied HU | 2,156 (30.0%) |
| Vacant Housing Units | 264 ( 3.7%) |
| Median Home Value | $325,568 |
| Average Home Value | $395,949 |
Housing Distribution
Address Breakdown
Residential
7,264
Single Family
7,212
Multi-Family
52
Businesses
284
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Listed by: Joshua Chilton • EXP Realty LLC
Mls Name: REIN Inc.
Mls ID: #10605988