1014 E Russell CtNewport NewsVA23605
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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 1014 E Russell Ct, Newport News, VA, 23605 earns $231/mo cash flow from $1,062/mo rent with a $680/mo payment. Total monthly income totals $1,062/mo, and annual cash flow totals $2,777/yr on $46,079 capital. ROI tracks 25.94% on current figures, and rental yield reads 9.17% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 134.94% and total cumulative return in cash sums $62,180. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,062/mo property income instead of your personal income.
Single Family
Built in 1945
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23605, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 3,034 (43.2%) |
| Renter Occupied HU | 3,560 (50.7%) |
| Vacant Housing Units | 424 ( 6.0%) |
| Median Home Value | $250,947 |
| Average Home Value | $321,551 |
Housing Distribution
Address Breakdown
Residential
6,791
Single Family
5,736
Multi-Family
1,055
Businesses
407
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Listed by: John Brooks • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10613915