8860 Pineview RdSuffolkVA23437
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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 Suffolk at 8860 Pineview Rd, Suffolk, VA, 23437 earns from $2,140/mo rent with a $1,855/mo payment. Total monthly income totals $2,140/mo. ROI tracks 18.71% on current figures, and rental yield reads 6.78% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 96.15% and total cumulative return in cash sums $120,803. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,140/mo property income instead of your personal income.
Manufactured
Built in 1995
4.70 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,996
Single Family
1,996
Multi-Family
0
Businesses
66
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