Zip Code 23438 — Suffolk, VA
🟢GOOD— solid returnsCap Rate
6.3%
Monthly Cash Flow
-$28
Median Home Price
$353,424
DSCR
0.98
🏠 Fair Market Rents
- Studio
- $1,760/mo
- 1 Bedroom
- $1,780/mo
- 2 Bedroom
- $2,060/mo
- 3 Bedroom
- $2,870/mo
- 4 Bedroom
- $3,490/mo
📊 Investment Metrics
- Cap Rate
- 6.3%
- Cash-on-Cash Return
- -0.4%
- Price-to-Rent Ratio
- 10.3
- 1% Rule
- 0.81%
- Gross Rent Multiplier
- 10.3
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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