1012 Jewell AvePortsmouthVA23701
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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 Portsmouth at 1012 Jewell Ave, Portsmouth, VA, 23701 listed at $210,000 pairs $1,447/mo rent with a $1,028/mo payment to leave $192/mo cash flow. Total monthly income runs $1,447/mo, and annual cash flow reaches $2,298/yr on $69,615 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 8.27% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 120.29% and total cumulative return in cash totals $83,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,447/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23701, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,673 (100%) |
| Owner Occupied HU | 6,746 (63.2%) |
| Renter Occupied HU | 3,208 (30.1%) |
| Vacant Housing Units | 719 ( 6.7%) |
| Median Home Value | $254,647 |
| Average Home Value | $292,797 |
Housing Distribution
Address Breakdown
Residential
10,572
Single Family
9,900
Multi-Family
672
Businesses
677
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Listed by: Reigne Brown • RE/MAX Ultra
Mls Name: REIN Inc.
Mls ID: #10615060