17 Shoal CtPortsmouthVA23703
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 17 Shoal Ct, Portsmouth, VA, 23703 at $420,000 posts ROI 26.96% with $818/mo cash flow from $3,329/mo rent. Total monthly income equals $3,329/mo, and annual cash flow records $9,816/yr on $139,230 to close. Return on cash invested measures 26.96% and rental yield reads 9.51% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 140.36% and total cumulative return in cash totals $195,427.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,329/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23703, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,410 (100%) |
| Owner Occupied HU | 7,264 (63.7%) |
| Renter Occupied HU | 3,500 (30.7%) |
| Vacant Housing Units | 646 ( 5.7%) |
| Median Home Value | $302,766 |
| Average Home Value | $328,834 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,202
Multi-Family
658
Businesses
441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lacey Whitaker • Iron Valley Real Estate HR
Mls Name: REIN Inc.
Mls ID: #10606838