810 Nottaway DrChesapeakeVA23320
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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 810 Nottaway Dr, Chesapeake, VA, 23320 priced at $280,000 pairs $2,722/mo rent with $1,049/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,722/mo, and annual cash flow comes to $12,584/yr on $92,820 invested. Return on cash invested is 33.47% in year one, and rental yield stands at 11.67% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 175.28% and total cumulative return in cash reaches $162,693. For financing, Ziffy Mortgage’s DSCR program evaluates $2,722/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1987
3,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23320, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,228 (100%) |
| Owner Occupied HU | 16,419 (60.3%) |
| Renter Occupied HU | 9,921 (36.4%) |
| Vacant Housing Units | 888 ( 3.3%) |
| Median Home Value | $404,246 |
| Average Home Value | $433,358 |
Housing Distribution
Address Breakdown
Residential
26,352
Single Family
23,973
Multi-Family
2,379
Businesses
2,648
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Listed by: Anna Paduhovich • Keller Williams Capital Props.
Mls Name: REIN Inc.
Mls ID: #10613148