TILLMAN Plan, Smith FarmSuffolkVA23435
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 TILLMAN Plan, Smith Farm, Suffolk, VA, 23435 priced at $619,990 converts $4,366/mo rent into $659/mo cash flow after a $3,035/mo obligation. Total monthly income equals $4,366/mo, and annual cash flow totals $7,912/yr on $203,977 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 8.45% against a $619,990 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,292 by year five. Five-year ROI reaches 124.16% and total cumulative return in cash sums $253,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,366/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No 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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