120 Freeman DrHamptonVA23666
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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 Hampton at 120 Freeman Dr, Hampton, VA, 23666 offers a 7.27% rental yield on a $424,900 purchase with $2,574/mo rent. Total monthly income registers $2,574/mo, and a $2,080/mo payment leaves $34/mo available for distribution. Annual cash flow reaches $404/yr on $140,854 to close, and return on cash invested stands at 20.2% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 104.11% and total cumulative return in cash at $146,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,574/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23666, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,061 (100%) |
| Owner Occupied HU | 12,157 (46.6%) |
| Renter Occupied HU | 12,126 (46.5%) |
| Vacant Housing Units | 1,778 ( 6.8%) |
| Median Home Value | $271,054 |
| Average Home Value | $296,176 |
Housing Distribution
Address Breakdown
Residential
24,997
Single Family
20,308
Multi-Family
4,689
Businesses
1,561
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