173 Noble StPortsmouthVA23702
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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 Portsmouth at 173 Noble St, Portsmouth, VA, 23702 earns $656/mo cash flow from $1,732/mo rent with a $881/mo payment. Total monthly income totals $1,732/mo, and annual cash flow totals $7,872/yr on $59,670 capital. ROI tracks 33.1% on current figures, and rental yield reads 11.55% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 173.3% and total cumulative return in cash sums $103,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,732/mo property income instead of your personal income.
Single Family
Built in 1970
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: Lolita Albergottie • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10607711