7201 Corinth Chapel Rd, Suffolk, VA, 23437 | $139/mo Cash Flow

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7201 Corinth Chapel Rd, Suffolk, VA, 23437 | $139/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Suffolk at 7201 Corinth Chapel Rd, Suffolk, VA, 23437 listed at $575,000 pairs $3,576/mo rent with a $2,814/mo payment to leave $139/mo cash flow. Total monthly income runs $3,576/mo, and annual cash flow reaches $1,669/yr on $189,175 cash to close. Return on cash invested measures 20.94% in year one, and rental yield registers 7.46% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 108.1% and total cumulative return in cash totals $204,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,576/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2023

N/A lot

$N/A/sqft

No HOA

More details about the property

Like new AB built home on just over 2 acres, when you enter from the front porch into the generous foyer, a flex room off of the foyer is just right for in home office or a 5th bedroom with a full bath just off the foyer as well. A welcoming family room with fireplace, sunroom for office, exercise room, sitting and enjoying the view or expanding as part of the family room. Attached deck! Dining and open kitchen with large center island makes for wonderful entertaining. Pantry in Kitchen, beautiful upgraded cabinetry. Upstairs are 4 more generous sized bedrooms including the supersized primary suite with sitting area, dual closets and a huge walk in ceramic shower and dual vanities. Lots of natural light. Outside spaces enough for farm animals, gardens, or whatever your passion may be.

Neighborhood Data

Neighborhood data shown for ZIP Code: 23437, Suffolk, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,068 (100%)
Owner Occupied HU	1,633 (79.0%)
Renter Occupied HU	297 (14.4%)
Vacant Housing Units	138 ( 6.7%)
Median Home Value	$407,160
Average Home Value	$468,083