The Engle Plan, Shillelagh WoodsChesapeakeVA23323
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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 The Engle Plan, Shillelagh Woods, Chesapeake, VA, 23323 priced at $669,900 converts $4,273/mo rent into $268/mo cash flow after a $3,279/mo obligation. Total monthly income equals $4,273/mo, and annual cash flow totals $3,219/yr on $220,397 invested. Return on cash invested prints 21.52% in year one, and rental yield reads 7.65% against a $669,900 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation compiles into $185,081 by year five. Five-year ROI reaches 111.19% and total cumulative return in cash sums $245,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,273/mo property income covering a $3,279/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 • Kirbor Homes
Mls Name: Kirbor Homes
Mls ID: #N/A