1 Skiffs Creek Landing RdNewport NewsVA23603
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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 Skiffs Creek Landing Rd, Newport News, VA, 23603 at $397,000 posts ROI 12.65% with from $1,577/mo rent. Total monthly income equals $1,577/mo. Return on cash invested measures 12.65% and rental yield reads 4.77% at the current $397,000. Equity gained on principal adds $2,562/yr, and 5% annual appreciation supports $109,684 by year five. Five-year ROI prints 63.62% and total cumulative return in cash totals $83,734. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,577/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1955
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23603, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,773 (100%) |
| Owner Occupied HU | 690 (38.9%) |
| Renter Occupied HU | 904 (51.0%) |
| Vacant Housing Units | 179 (10.1%) |
| Median Home Value | $340,093 |
| Average Home Value | $331,290 |
Housing Distribution
Address Breakdown
Residential
1,477
Single Family
787
Multi-Family
690
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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