St Brides Rd EChesapeakeVA23322
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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 St Brides Rd E, Chesapeake, VA, 23322 generates $4,906/mo in rent and, after a $3,715/mo payment, leaves $266/mo in cash flow. Total monthly income is $4,906/mo, and annual cash flow is $3,188/yr on $249,711 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 7.76% on a $759,000 entry. Equity gained on principal adds $4,898/yr, while 5% annual appreciation builds toward $209,698 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $275,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,906/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6 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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