Investment property · DSCR screen

2-bed condo in Virginia Beach, VA

Virginia Beach, VA 23464 · Virginia Beach City County · Active

2 bed, 2 bath condo for sale in Virginia Beach, VA — Listed by Keller Williams Coastal Virginia Chesapeake

Beds2

Baths2

Sq ft1,188

Year built1993

TypeCondo

The I/O payment, line by line

Interest-only debt service: $1,350
Property tax + insurance: $262
HOA: None reported
Total: $1,612
30-year P&I at 6.375%: $1,348
30-year PITIA: $1,610

Taxes and insurance are this listing's actual figures ($262/mo). No HOA fee is reported for this listing, so none is included — and on a condo that usually means the fee is missing from the data rather than genuinely zero. A real fee would reduce the DSCR above, possibly below the 1.25 we screen for. On a purchase price of $270,000 (as of August 2026) with 20% down, the loan is $216,000. Rate, term and costs are the published assumptions, not a quote — your actual payment depends on your credit, reserves, entity structure and the appraisal.

Flood risk

3/10

Moderate risk · FEMA zone X (unshaded)

Some flood risk. Insurance is usually affordable but worth quoting.

Listing facts

Revenue comparables12 · High confidence

ListedAug 6, 2026

Days on market6

StatusActive

Revenue comps12

ConfidenceHigh

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I'm looking at this home on your Investment Properties page:

2-bed condo in Virginia Beach, VA 23464
Scout listing ID: 5375996001
/investment-properties/p/2-bed-condo-virginia-beach-23464-5375996001/

List price: $270,000 (as of August 2026)
Condo · 2 bed · 2 bath · 1,188 sqft · built 1993
County: Virginia Beach City

Projected short-term-rental revenue: $26,700–$34,000 a year
Based on 12 comparable listings at high confidence — ZIP + bedroom comparables, not an appraisal of this home

Estimated interest-only payment at 80% LTV and 7.5%:
· Interest: $1,350
· Property tax + insurance: $262
· HOA: none reported
· Total: $1,612

Estimated I/O DSCR after a 20% operating-cost allowance: 1.26 — Strong · clears the 1.25 line (the listing's actual taxes and insurance; NO HOA fee is reported for it, so none is included — a real fee would lower this)
Estimated 30-year DSCR at 6.375%: 1.26

Can you tell me what DSCR and other loans look like for this property, and are there others like it in this market?

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