Florence Plan, Array at Bennett's Creek QuarterSuffolkVA23435
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Suffolk rental at Florence Plan, Array at Bennett's Creek Quarter, Suffolk, VA, 23435 sits in the solid-income band: 9.63% gross yield, $3,096/mo rent, $600/mo net after the $1,735/mo debt service, DSCR 1.78. Entry price of $385,775 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $106,583 and $3,553/yr in principal reduction bring total cumulative return to $185,394.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.8% |
| Monthly Cash Flow | $600 | $1,250 |
City averages based on Suffolk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,096 |
| Total Monthly Debt Service | $2,343 |
| DSCR Ratio | 1.32x |
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 2026
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23435, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 9,314 (64.2%) |
| Renter Occupied HU | 4,353 (30.0%) |
| Vacant Housing Units | 834 ( 5.8%) |
| Median Home Value | $413,758 |
| Average Home Value | $470,109 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
13,526
Multi-Family
706
Businesses
709
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 2026
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23435, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 9,314 (64.2%) |
| Renter Occupied HU | 4,353 (30.0%) |
| Vacant Housing Units | 834 ( 5.8%) |
| Median Home Value | $413,758 |
| Average Home Value | $470,109 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
13,526
Multi-Family
706
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
