1 Penn Cir UNIT BNewport NewsVA23606








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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


Investment Highlights
Investment property for sale in Newport News at 1 Penn Cir UNIT B, Newport News, VA, 23606 uses $56,024 cash to close to unlock $4,091/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,351/mo, and a $827/mo payment keeps the spread at $341/mo. Purchase price stands at $169,000, and rental yield measures 9.59% with $1,351/mo rent. Return on cash invested shows 27.21% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 141.7% and total cumulative return in cash records $79,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,351/mo property income covering a $827/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Bethany White • KW Coastal Virginia Chesapeake
Mls Name: REIN Inc.
Mls ID: #10608067








