14 Connor PlPortsmouthVA23702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Portsmouth at 14 Connor Pl, Portsmouth, VA, 23702 offers a 12.67% rental yield on a $281,500 purchase with $2,971/mo rent. Total monthly income registers $2,971/mo, and a $1,378/mo payment leaves $1,261/mo available for distribution. Annual cash flow reaches $15,130/yr on $93,317 to close, and return on cash invested stands at 36.12% in year one. Equity gained on principal adds $1,816/yr while 5% annual appreciation supports $77,773 over five years. Portfolio math shows five-year ROI at 189.64% and total cumulative return in cash at $176,964. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,971/mo property income against a $1,378/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23702, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,388 (100%) |
| Owner Occupied HU | 2,398 (44.5%) |
| Renter Occupied HU | 2,518 (46.7%) |
| Vacant Housing Units | 472 ( 8.8%) |
| Median Home Value | $233,818 |
| Average Home Value | $252,204 |
Housing Distribution
Address Breakdown
Residential
5,091
Single Family
4,806
Multi-Family
285
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A