Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chesapeake at 934 Shoal Creek Trl #B, Chesapeake, VA, 23320 uses $111,053 cash to close to unlock $8,161/yr annual cash flow and $680/mo monthly cash flow. Total monthly income runs $2,683/mo, and a $1,640/mo payment keeps the spread at $680/mo. Purchase price stands at $335,000, and rental yield measures 9.61% with $2,683/mo rent. Return on cash invested shows 27.26% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 142.02% and total cumulative return in cash records $157,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,683/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23320, Chesapeake, VA area.
| 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 |
Residential
26,352
Single Family
23,973
Multi-Family
2,379
Businesses
2,648
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ronald Sawyer • RE/MAX Prime
Mls Name: REIN Inc.
Mls ID: #10613675
