710 Waters DrVirginia BeachVA23462
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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 710 Waters Dr, Virginia Beach, VA, 23462 at $262,500 posts ROI 30.65% with $779/mo cash flow from $2,348/mo rent. Total monthly income equals $2,348/mo, and annual cash flow records $9,343/yr on $87,019 to close. Return on cash invested measures 30.65% and rental yield reads 10.73% at the current $262,500. Equity gained on principal adds $1,694/yr, and 5% annual appreciation supports $72,524 by year five. Five-year ROI prints 160.14% and total cumulative return in cash totals $139,354.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,348/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
1,855 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23462, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,678 (100%) |
| Owner Occupied HU | 15,212 (49.6%) |
| Renter Occupied HU | 14,006 (45.7%) |
| Vacant Housing Units | 1,460 ( 4.8%) |
| Median Home Value | $338,229 |
| Average Home Value | $402,753 |
Housing Distribution
Address Breakdown
Residential
29,327
Single Family
25,195
Multi-Family
4,132
Businesses
2,213
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Listed by: Nichole Nance • EXP Realty LLC
Mls Name: REIN Inc.
Mls ID: #10609834