1 Crawford Pkwy APT 1301PortsmouthVA23704
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
Investment property for sale in Portsmouth at 1 Crawford Pkwy APT 1301, Portsmouth, VA, 23704 listed at $270,000 pairs $2,155/mo rent with a $1,322/mo payment to leave $541/mo cash flow. Total monthly income runs $2,155/mo, and annual cash flow reaches $6,486/yr on $89,505 cash to close. Return on cash invested measures 27.16% in year one, and rental yield registers 9.58% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 141.43% and total cumulative return in cash totals $126,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,155/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23704, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,817 (100%) |
| Owner Occupied HU | 3,347 (34.1%) |
| Renter Occupied HU | 5,432 (55.3%) |
| Vacant Housing Units | 1,038 (10.6%) |
| Median Home Value | $234,119 |
| Average Home Value | $258,478 |
Housing Distribution
Address Breakdown
Residential
9,030
Single Family
6,865
Multi-Family
2,165
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: B. Anne Davis • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10598295