103 Wreck Shoal Dr, Newport News, VA, 23606 | $612/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
612 sft

840 Alma Dr, Norfolk, VA, 23518

3 Bed
1 Bath
902 sft

635 Muskogee Ave, Norfolk, VA, 23509

3 Bed
1 Bath
934 sft

857 Widgeon Rd, Norfolk, VA, 23513

2 Bed
2 Bath
1002 sft

231 Sandpiper Dr, Portsmouth, VA, 23704

Nearby investment properties with comparable prices

3 Bed
2 Bath
1512 sft

739 Lanier Cres, Portsmouth, VA, 23707

3 Bed
2 Bath
960 sft

16209 Smithfield Heights Dr, Smithfield, VA, 23430

4 Bed
2 Bath
1473 sft

3534 Brest Ave, Norfolk, VA, 23509

3 Bed
3 Bath
1636 sft

48 Centre Port Cir, Portsmouth, VA, 23703

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Newport News at 103 Wreck Shoal Dr, Newport News, VA, 23606 offers $2,555/mo rent that, after a $1,591/mo payment, leaves $612/mo cash flow. Total monthly income is $2,555/mo, and annual cash flow is $7,343/yr on $107,738 cash. Return on cash invested measures 26.72% in year one, and rental yield stands at 9.43% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 139.11% and total cumulative return in cash reaches $149,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,555/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1983

N/A lot

$N/A/sqft

No HOA