Mm Cedarville Kentland Ct #PENTHOUSE 26ChesapeakeVA23322
Nearby investment properties with comparable rents
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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 Mm Cedarville Kentland Ct #PENTHOUSE 26, Chesapeake, VA, 23322 priced at $776,450 converts $4,331/mo rent into after a $3,800/mo obligation. Total monthly income equals $4,331/mo. Return on cash invested prints 18.6% in year one, and rental yield reads 6.69% against a $776,450 entry. Equity gained on principal adds $5,010/yr, while 5% annual appreciation compiles into $214,519 by year five. Five-year ROI reaches 95.52% and total cumulative return in cash sums $244,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,331/mo property income covering a $3,800/mo payment, not borrower’s personal income.
Single Family
Built in 2026
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23322, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 19,301 (84.5%) |
| Renter Occupied HU | 3,054 (13.4%) |
| Vacant Housing Units | 477 ( 2.1%) |
| Median Home Value | $510,303 |
| Average Home Value | $550,245 |
Housing Distribution
Address Breakdown
Residential
23,013
Single Family
22,470
Multi-Family
543
Businesses
841
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Listed by: Deana Renn • AtCoastal Realty
Mls Name: REIN Inc.
Mls ID: #10610953