914 Avast WayChesapeakeVA23323
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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 Chesapeake at 914 Avast Way, Chesapeake, VA, 23323 listed at $440,000 pairs $3,520/mo rent with a $2,154/mo payment to leave $889/mo cash flow. Total monthly income runs $3,520/mo, and annual cash flow reaches $10,672/yr on $145,860 cash to close. Return on cash invested measures 27.23% in year one, and rental yield registers 9.6% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 141.82% and total cumulative return in cash totals $206,854. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,520/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23323, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,889 (100%) |
| Owner Occupied HU | 12,433 (78.2%) |
| Renter Occupied HU | 3,048 (19.2%) |
| Vacant Housing Units | 408 ( 2.6%) |
| Median Home Value | $438,684 |
| Average Home Value | $459,798 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
15,399
Multi-Family
432
Businesses
845
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Listed by: Lakilla Puryear • KW Coastal Virginia Chesapeake
Mls Name: REIN Inc.
Mls ID: #10614679