1809 Lafayette DrHamptonVA23664
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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 1809 Lafayette Dr, Hampton, VA, 23664 listed at $450,000 pairs $2,873/mo rent with a $2,203/mo payment to leave $183/mo cash flow. Total monthly income runs $2,873/mo, and annual cash flow reaches $2,190/yr on $149,175 cash to close. Return on cash invested measures 21.38% in year one, and rental yield registers 7.66% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 110.45% and total cumulative return in cash totals $164,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,873/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23664, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,748 (100%) |
| Owner Occupied HU | 3,045 (64.1%) |
| Renter Occupied HU | 1,246 (26.2%) |
| Vacant Housing Units | 457 ( 9.6%) |
| Median Home Value | $368,693 |
| Average Home Value | $409,931 |
Housing Distribution
Address Breakdown
Residential
4,638
Single Family
4,426
Multi-Family
212
Businesses
53
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