12 Peters LnNewport NewsVA23606
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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 Newport News at 12 Peters Ln, Newport News, VA, 23606 at $269,900 posts ROI 33.89% with $1,043/mo cash flow from $2,656/mo rent. Total monthly income equals $2,656/mo, and annual cash flow records $12,511/yr on $89,472 to close. Return on cash invested measures 33.89% and rental yield reads 11.81% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 177.57% and total cumulative return in cash totals $158,874.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
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Listed by: Neal Rosenbaum • Virginia Commonwealth Realty
Mls Name: REIN Inc.
Mls ID: #10615442