105 Bolling RdPortsmouthVA23701
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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 105 Bolling Rd, Portsmouth, VA, 23701 offers a 9.1% rental yield on a $199,900 purchase with $1,516/mo rent. Total monthly income registers $1,516/mo, and a $978/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,857/yr on $66,267 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 133.82% and total cumulative return in cash at $88,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
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: Lori Kraft • Judy Boone Realty Inc.
Mls Name: REIN Inc.
Mls ID: #10605793