The Alleghany Townhome- One Left! Plan, The Reserve at GrassfieldChesapeakeVA23323
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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
Investment property for sale in Chesapeake at The Alleghany Townhome- One Left! Plan, The Reserve at Grassfield, Chesapeake, VA, 23323 at $398,900 posts ROI 28.93% with $994/mo cash flow from $3,503/mo rent. Total monthly income equals $3,503/mo, and annual cash flow records $11,926/yr on $132,235 to close. Return on cash invested measures 28.93% and rental yield reads 10.54% at the current $398,900. Equity gained on principal adds $2,574/yr, and 5% annual appreciation supports $110,209 by year five. Five-year ROI prints 151.34% and total cumulative return in cash totals $200,130.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,503/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23323, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,889 (100%) |
| Owner Occupied HU | 12,433 (78.2%) |
| Renter Occupied HU | 3,048 (19.2%) |
| Vacant Housing Units | 408 ( 2.6%) |
| Median Home Value | $438,684 |
| Average Home Value | $459,798 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
15,399
Multi-Family
432
Businesses
845
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Listed by: N/A • Bishard Homes
Mls Name: Bishard Homes
Mls ID: #N/A