Colfax Plan, River Estates at Hillpoint FarmSuffolkVA23434
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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 Colfax Plan, River Estates at Hillpoint Farm, Suffolk, VA, 23434 with 5% annual appreciation on a $589,990 basis while $3,278/mo rent supports operations. 18% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $163,003 alongside rental yield of 6.67%. Five-year ROI measures 93.38% and total cumulative return in cash totals $181,249. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,278/mo property income versus a $2,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23434, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,667 (100%) |
| Owner Occupied HU | 14,067 (62.1%) |
| Renter Occupied HU | 6,804 (30.0%) |
| Vacant Housing Units | 1,796 ( 7.9%) |
| Median Home Value | $358,701 |
| Average Home Value | $380,551 |
Housing Distribution
Address Breakdown
Residential
22,290
Single Family
21,209
Multi-Family
1,081
Businesses
1,240
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