1200 79th StNewport NewsVA23605
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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 1200 79th St, Newport News, VA, 23605 listed at $239,900 pairs $2,082/mo rent with a $1,174/mo payment to leave $648/mo cash flow. Total monthly income runs $2,082/mo, and annual cash flow reaches $7,777/yr on $79,527 cash to close. Return on cash invested measures 29.69% in year one, and rental yield registers 10.41% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 155.05% and total cumulative return in cash totals $123,307. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,082/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23605, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 3,034 (43.2%) |
| Renter Occupied HU | 3,560 (50.7%) |
| Vacant Housing Units | 424 ( 6.0%) |
| Median Home Value | $250,947 |
| Average Home Value | $321,551 |
Housing Distribution
Address Breakdown
Residential
6,791
Single Family
5,736
Multi-Family
1,055
Businesses
407
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Listed by: Kyle T. Hause Jr. • Long & Foster Real Estate Inc.
Mls Name: REIN Inc.
Mls ID: #10599875