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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Chesapeake at Mm Platinum 2 Stoney Crk, Chesapeake, VA, 23322 priced at $675,955 converts $3,838/mo rent into after a $3,308/mo obligation. Total monthly income equals $3,838/mo. Return on cash invested prints 18.46% in year one, and rental yield reads 6.81% against a $675,955 entry. Equity gained on principal adds $4,362/yr, while 5% annual appreciation compiles into $186,754 by year five. Five-year ROI reaches 94.92% and total cumulative return in cash sums $211,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,838/mo property income covering a $3,308/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$95 monthly HOA
Neighborhood data shown for ZIP Code: 23322, Chesapeake, VA area.
| 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 |
Residential
23,013
Single Family
22,470
Multi-Family
543
Businesses
841
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs,Walk-In
Listed by: Gina Allen • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10585865
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