The Cortona Plan, ARRAY at Bennetts Creek QuarterSuffolkVA23435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Suffolk at The Cortona Plan, ARRAY at Bennetts Creek Quarter, Suffolk, VA, 23435 priced at $373,450 pairs $3,012/mo rent with $564/mo cash flow after a $1,828/mo payment. Total monthly income equals $3,012/mo, and annual cash flow comes to $6,773/yr on $123,799 invested. Return on cash invested is 25.38% in year one, and rental yield stands at 9.68% on a $373,450 basis. Equity gained on principal adds $2,410/yr, and 5% annual appreciation accumulates to $103,177 by year five. Five-year ROI measures 132.67% and total cumulative return in cash reaches $164,240. For financing, Ziffy Mortgage’s DSCR program evaluates $3,012/mo property income against a $1,828/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
