118 Parkdale AveHamptonVA23669
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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 Hampton at 118 Parkdale Ave, Hampton, VA, 23669 priced at $184,000 pairs $1,757/mo rent with $657/mo cash flow after a $901/mo payment. Total monthly income equals $1,757/mo, and annual cash flow comes to $7,880/yr on $60,996 invested. Return on cash invested is 32.83% in year one, and rental yield stands at 11.46% on a $184,000 basis. Equity gained on principal adds $1,187/yr, and 5% annual appreciation accumulates to $50,836 by year five. Five-year ROI measures 171.85% and total cumulative return in cash reaches $104,821. For financing, Ziffy Mortgage’s DSCR program evaluates $1,757/mo property income against a $901/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23669, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,491 (100%) |
| Owner Occupied HU | 10,118 (54.7%) |
| Renter Occupied HU | 7,002 (37.9%) |
| Vacant Housing Units | 1,371 ( 7.4%) |
| Median Home Value | $283,061 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
17,739
Single Family
15,766
Multi-Family
1,973
Businesses
777
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