The Bellagio Plan, ARRAY at Bennetts Creek QuarterSuffolkVA23435
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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 Suffolk at The Bellagio Plan, ARRAY at Bennetts Creek Quarter, Suffolk, VA, 23435 uses $106,710 cash to close to unlock $7,215/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $2,741/mo, and a $1,576/mo payment keeps the spread at $601/mo. Purchase price stands at $321,900, and rental yield measures 10.22% with $2,741/mo rent. Return on cash invested shows 26.67% in year one, and 5% annual appreciation builds toward $88,935 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash records $149,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,741/mo property income covering a $1,576/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23435, Suffolk, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 9,314 (64.2%) |
| Renter Occupied HU | 4,353 (30.0%) |
| Vacant Housing Units | 834 ( 5.8%) |
| Median Home Value | $413,758 |
| Average Home Value | $470,109 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
13,526
Multi-Family
706
Businesses
709
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