15 Sampson PlPortsmouthVA23702
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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
Rental property for sale in Portsmouth at 15 Sampson Pl, Portsmouth, VA, 23702 offers $1,460/mo rent that, after a $1,028/mo payment, leaves $205/mo cash flow. Total monthly income is $1,460/mo, and annual cash flow is $2,454/yr on $69,615 cash. Return on cash invested measures 23.43% in year one, and rental yield stands at 8.34% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 121.5% and total cumulative return in cash reaches $84,580. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,460/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
N/A 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
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Listed by: Michelle Reddick • Real Broker LLC
Mls Name: REIN Inc.
Mls ID: #10609916