Buxton 4 Plan, Manor Homes at Jolliff LandingChesapeakeVA23321
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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
Rental property for sale in Chesapeake at Buxton 4 Plan, Manor Homes at Jolliff Landing, Chesapeake, VA, 23321 priced at $526,900 pairs $3,637/mo rent with $487/mo cash flow after a $2,579/mo payment. Total monthly income equals $3,637/mo, and annual cash flow comes to $5,846/yr on $173,350 invested. Return on cash invested is 23.43% in year one, and rental yield stands at 8.28% on a $526,900 basis. Equity gained on principal adds $3,400/yr, and 5% annual appreciation accumulates to $145,573 by year five. Five-year ROI measures 121.44% and total cumulative return in cash reaches $210,521. For financing, Ziffy Mortgage’s DSCR program evaluates $3,637/mo property income against a $2,579/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23321, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,895 (100%) |
| Owner Occupied HU | 10,955 (73.5%) |
| Renter Occupied HU | 3,442 (23.1%) |
| Vacant Housing Units | 498 ( 3.3%) |
| Median Home Value | $432,859 |
| Average Home Value | $458,505 |
Housing Distribution
Address Breakdown
Residential
14,727
Single Family
13,708
Multi-Family
1,019
Businesses
914
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Listed by: N/A • Corinth Residential
Mls Name: Corinth Residential
Mls ID: #N/A