139 Watson DrNewport NewsVA23602
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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 139 Watson Dr, Newport News, VA, 23602 listed at $264,000 pairs $1,874/mo rent with a $1,292/mo payment to leave $296/mo cash flow. Total monthly income runs $1,874/mo, and annual cash flow reaches $3,552/yr on $87,516 cash to close. Return on cash invested measures 23.97% in year one, and rental yield registers 8.52% at a $264,000 basis. Equity gained on principal adds $1,704/yr, and annual property appreciation at 5% supports $72,938 by year five. Five-year ROI tracks 124.31% and total cumulative return in cash totals $108,793. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,874/mo property income relative to a $1,292/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23602, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,910 (100%) |
| Owner Occupied HU | 9,840 (52.0%) |
| Renter Occupied HU | 8,023 (42.4%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $321,359 |
| Average Home Value | $321,915 |
Housing Distribution
Address Breakdown
Residential
18,280
Single Family
16,019
Multi-Family
2,261
Businesses
939
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Listed by: Haishi Wang • EXP Realty LLC
Mls Name: REIN Inc.
Mls ID: #10604614