Mm Blackwater Engle Rd LOT 7Virginia BeachVA23457
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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 Virginia Beach at Mm Blackwater Engle Rd LOT 7, Virginia Beach, VA, 23457 offers $3,367/mo rent that, after a $3,577/mo payment. Total monthly income is $3,367/mo. Return on cash invested measures 15.06% in year one, and rental yield stands at 5.53% at a $730,874 entry. Equity gained on principal adds $4,716/yr while 5% annual appreciation compounds into $201,927 by year five. Five-year ROI records 76.54% and total cumulative return in cash reaches $184,057. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,367/mo property income versus a $3,577/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23457, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,436 (82.8%) |
| Renter Occupied HU | 205 (11.8%) |
| Vacant Housing Units | 94 ( 5.4%) |
| Median Home Value | $624,832 |
| Average Home Value | $645,035 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,734
Multi-Family
0
Businesses
90
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Listed by: Deana Renn • AtCoastal Realty
Mls Name: REIN Inc.
Mls ID: #10610604