1012 Beach RdHamptonVA23664
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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
Total monthly income runs $6,022/mo, and a $6,240/mo payment. Purchase price stands at $1,275,000, and rental yield measures 5.67% with $6,022/mo rent. Return on cash invested shows 15.72% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 80.02% and total cumulative return in cash records $330,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,022/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Single Family
Built in 1993
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23664, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,748 (100%) |
| Owner Occupied HU | 3,045 (64.1%) |
| Renter Occupied HU | 1,246 (26.2%) |
| Vacant Housing Units | 457 ( 9.6%) |
| Median Home Value | $368,693 |
| Average Home Value | $409,931 |
Housing Distribution
Address Breakdown
Residential
4,638
Single Family
4,426
Multi-Family
212
Businesses
53
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