115 Windsor Pines Way APT ANewport NewsVA23608
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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
Rental property for sale in Newport News at 115 Windsor Pines Way APT A, Newport News, VA, 23608 offers $2,278/mo rent that, after a $665/mo payment, leaves $977/mo cash flow. Total monthly income is $2,278/mo, and annual cash flow is $11,724/yr on $45,051 cash. Return on cash invested measures 45.93% in year one, and rental yield stands at 20.11% at a $135,900 entry. Equity gained on principal adds $877/yr while 5% annual appreciation compounds into $37,547 by year five. Five-year ROI records 246.96% and total cumulative return in cash reaches $111,259. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,278/mo property income versus a $665/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
7,840 sqft lot
$N/A/sqft
$455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23608, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,508 (100%) |
| Owner Occupied HU | 9,411 (50.8%) |
| Renter Occupied HU | 7,799 (42.1%) |
| Vacant Housing Units | 1,298 ( 7.0%) |
| Median Home Value | $288,048 |
| Average Home Value | $288,522 |
Housing Distribution
Address Breakdown
Residential
18,806
Single Family
16,591
Multi-Family
2,215
Businesses
762
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Listed by: Kristin Wood • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2511197
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.