7325 Barberry LnNorfolkVA23505
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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 Norfolk at 7325 Barberry Ln, Norfolk, VA, 23505 earns $158/mo cash flow from $5,173/mo rent with a $4,106/mo payment. Total monthly income totals $5,173/mo, and annual cash flow totals $1,897/yr on $276,031 capital. ROI tracks 20.75% on current figures, and rental yield reads 7.4% at a $839,000 purchase. Equity gained on principal adds $5,414/yr, and 5% annual appreciation supports $231,800 over five years. Five-year ROI reaches 107.03% and total cumulative return in cash sums $295,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,173/mo property income instead of your personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23505, Norfolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,215 (100%) |
| Owner Occupied HU | 4,731 (35.8%) |
| Renter Occupied HU | 7,553 (57.2%) |
| Vacant Housing Units | 931 ( 7.0%) |
| Median Home Value | $416,308 |
| Average Home Value | $514,747 |
Housing Distribution
Address Breakdown
Residential
12,543
Single Family
9,670
Multi-Family
2,873
Businesses
541
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