845 S Atlantic AveVirginia BeachVA23451
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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 845 S Atlantic Ave, Virginia Beach, VA, 23451 at $1,640,000 posts ROI 10.7% with from $5,522/mo rent. Total monthly income equals $5,522/mo. Return on cash invested measures 10.7% and rental yield reads 4.04% at the current $1,640,000. Equity gained on principal adds $10,583/yr, and 5% annual appreciation supports $453,102 by year five. Five-year ROI prints 53.08% and total cumulative return in cash totals $282,046. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,522/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
4,987 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23451, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,668 (100%) |
| Owner Occupied HU | 11,149 (43.4%) |
| Renter Occupied HU | 10,477 (40.8%) |
| Vacant Housing Units | 4,042 (15.7%) |
| Median Home Value | $687,053 |
| Average Home Value | $816,102 |
Housing Distribution
Address Breakdown
Residential
24,175
Single Family
18,609
Multi-Family
5,566
Businesses
1,835
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Listed by: Cindy Adams • Swell Real Estate Co
Mls Name: REIN Inc.
Mls ID: #10612705