1134 30th StNewport NewsVA23607
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Nearby investment properties with comparable prices
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 1134 30th St, Newport News, VA, 23607 listed at $100,000 pairs $793/mo rent with a $489/mo payment to leave $196/mo cash flow. Total monthly income runs $793/mo, and annual cash flow reaches $2,348/yr on $33,150 cash to close. Return on cash invested measures 26.99% in year one, and rental yield registers 9.52% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 140.57% and total cumulative return in cash totals $46,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $793/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23607, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,681 (100%) |
| Owner Occupied HU | 3,309 (31.0%) |
| Renter Occupied HU | 6,100 (57.1%) |
| Vacant Housing Units | 1,272 (11.9%) |
| Median Home Value | $182,143 |
| Average Home Value | $250,441 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
8,603
Multi-Family
1,406
Businesses
701
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Listed by: Christopher Scruggs • RE/MAX Connect
Mls Name: REIN Inc.
Mls ID: #10608726