Tudor Manor - Build On Your Lot Plan, Norfolk and Hampton Roads Region - Build On Your Lot, Norfolk, VA, 23502 | 6.91% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

27% in year one. Equity gained on principal adds $5,034/yr while 5% annual appreciation supports $215,538 over five years. Portfolio math shows five-year ROI at 99.09% and total cumulative return in cash at $254,340. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,494/mo property income against a $3,818/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23502, Norfolk, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,404 (100%)
Owner Occupied HU	4,627 (49.2%)
Renter Occupied HU	3,901 (41.5%)
Vacant Housing Units	876 ( 9.3%)
Median Home Value	$329,468
Average Home Value	$391,674