1530 Morgan DrHamptonVA23663
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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 Hampton at 1530 Morgan Dr, Hampton, VA, 23663 uses $109,395 cash to close to unlock $906/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $2,048/mo, and a $1,615/mo payment keeps the spread at $76/mo. Purchase price stands at $330,000, and rental yield measures 7.45% with $2,048/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 107.03% and total cumulative return in cash records $117,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,048/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,524 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23663, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,028 (100%) |
| Owner Occupied HU | 3,001 (49.8%) |
| Renter Occupied HU | 2,601 (43.1%) |
| Vacant Housing Units | 426 ( 7.1%) |
| Median Home Value | $222,438 |
| Average Home Value | $255,327 |
Housing Distribution
Address Breakdown
Residential
5,892
Single Family
5,829
Multi-Family
63
Businesses
382
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