The Addison Plan, Guilford at Spence Crossing, Virginia Beach, VA, 23456 | $602/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Virginia Beach at The Addison Plan, Guilford at Spence Crossing, Virginia Beach, VA, 23456 with 5% annual appreciation on a $349,900 basis while $2,694/mo rent supports operations. Total monthly income totals $2,694/mo and a $1,713/mo payment preserves $602/mo for cash returns. Annual cash flow comes to $7,223/yr on $115,992 deployed, and return on cash invested reaches 26.14% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 9.24%. Five-year ROI measures 135.95% and total cumulative return in cash totals $157,686.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,694/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23456, Virginia Beach, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,148 (100%)
Owner Occupied HU	17,598 (79.5%)
Renter Occupied HU	2,749 (12.4%)
Vacant Housing Units	1,801 ( 8.1%)
Median Home Value	$520,060
Average Home Value	$577,130