904 Ewell RdVirginia BeachVA23455
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 904 Ewell Rd, Virginia Beach, VA, 23455 in Virginia Beach earns a 9.86% gross yield at $324,000. Rent of $2,663/mo nets $726/mo after the $1,457/mo mortgage. The 1.83 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $89,515 and $2,984/yr in equity accumulation project a total cumulative return of $169,285.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.2% |
| Monthly Cash Flow | $726 | $1,850 |
City averages based on Virginia Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,663 |
| Total Monthly Debt Service | $1,808 |
| DSCR Ratio | 1.47x |
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 1981
3,728 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
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 1981
3,728 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23455, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,549 (100%) |
| Owner Occupied HU | 12,943 (57.4%) |
| Renter Occupied HU | 8,645 (38.3%) |
| Vacant Housing Units | 961 ( 4.3%) |
| Median Home Value | $518,567 |
| Average Home Value | $585,972 |
Housing Distribution
Address Breakdown
Residential
22,417
Single Family
20,420
Multi-Family
1,997
Businesses
1,089
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Bourque • Verian Realty
Mls Name: REIN Inc.
Mls ID: #10599003