153 Shoe Ln, Newport News, VA, 23606 | $360/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Newport News at 153 Shoe Ln, Newport News, VA, 23606 offers $2,392/mo rent that, after a $1,664/mo payment, leaves $360/mo cash flow. Total monthly income is $2,392/mo, and annual cash flow is $4,316/yr on $112,710 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 8.44% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 123.1% and total cumulative return in cash reaches $138,750. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,392/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1949

N/A lot

$N/A/sqft

No HOA