The Leigh at Prosperity Plan, Prosperity at The PinesVirginia BeachVA23451
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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 Virginia Beach at The Leigh at Prosperity Plan, Prosperity at The Pines, Virginia Beach, VA, 23451 generates $5,136/mo in rent and, after a $3,793/mo payment, leaves $436/mo in cash flow. Total monthly income is $5,136/mo, and annual cash flow is $5,226/yr on $254,942 invested. Return on cash invested sits at 22.11% in year one, and rental yield is 7.95% on a $774,900 entry. Equity gained on principal adds $5,000/yr, while 5% annual appreciation builds toward $214,091 over five years. Five-year ROI reaches 114.45% and total cumulative return in cash sums $291,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,136/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23451, Virginia Beach, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,668 (100%) |
| Owner Occupied HU | 11,149 (43.4%) |
| Renter Occupied HU | 10,477 (40.8%) |
| Vacant Housing Units | 4,042 (15.7%) |
| Median Home Value | $687,053 |
| Average Home Value | $816,102 |
Housing Distribution
Address Breakdown
Residential
24,175
Single Family
18,609
Multi-Family
5,566
Businesses
1,835
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Listed by: N/A • Bishard Homes
Mls Name: Bishard Homes
Mls ID: #N/A