Veneto Plan, The Vineyards at Hallstead Reserve - 55+ Community, Suffolk, VA, 23434 | 5% Rental Yield

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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

Total monthly income equals $1,720/mo. Return on cash invested measures 10.74% and rental yield reads 5% at the current $413,200. Equity gained on principal adds $2,666/yr, and 5% annual appreciation supports $114,160 by year five. Five-year ROI prints 54.36% and total cumulative return in cash totals $74,456. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2025

N/A lot

$N/A/sqft

$297 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23434, Suffolk, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,667 (100%)
Owner Occupied HU	14,067 (62.1%)
Renter Occupied HU	6,804 (30.0%)
Vacant Housing Units	1,796 ( 7.9%)
Median Home Value	$358,701
Average Home Value	$380,551