7699 The Points Pl #1002Gloucester PointVA23062
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 7699 The Points Pl #1002, Gloucester Point, VA, 23062 in Gloucester Point deserves attention. This $262,000 property earns $2,498/mo in rent, a 11.44% gross yield, and nets $532/mo after the $1,178/mo payment. DSCR 2.12 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $72,386 compounds alongside $2,413/yr in yearly equity build, for a total cumulative return of $159,126.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $532 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,498 |
| Total Monthly Debt Service | $1,462 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23062, Gloucester Point, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 858 (63.1%) |
| Renter Occupied HU | 380 (27.9%) |
| Vacant Housing Units | 122 ( 9.0%) |
| Median Home Value | $298,985 |
| Average Home Value | $322,809 |
Housing Distribution
Address Breakdown
Residential
1,076
Single Family
1,021
Multi-Family
55
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23062, Gloucester Point, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 858 (63.1%) |
| Renter Occupied HU | 380 (27.9%) |
| Vacant Housing Units | 122 ( 9.0%) |
| Median Home Value | $298,985 |
| Average Home Value | $322,809 |
Housing Distribution
Address Breakdown
Residential
1,076
Single Family
1,021
Multi-Family
55
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: REIN Inc.
Mls ID: #10622756