1812 Camden AvePortsmouthVA23704
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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 1812 Camden Ave, Portsmouth, VA, 23704 listed at $359,900 pairs $2,146/mo rent with a $1,762/mo payment. Total monthly income runs $2,146/mo. Return on cash invested measures 19.85% in year one, and rental yield registers 7.16% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 102.28% and total cumulative return in cash totals $122,030. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,146/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23704, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,817 (100%) |
| Owner Occupied HU | 3,347 (34.1%) |
| Renter Occupied HU | 5,432 (55.3%) |
| Vacant Housing Units | 1,038 (10.6%) |
| Median Home Value | $234,119 |
| Average Home Value | $258,478 |
Housing Distribution
Address Breakdown
Residential
9,030
Single Family
6,865
Multi-Family
2,165
Businesses
707
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Listed by: Kyle Myers • Iron Valley Real Est Norfolk
Mls Name: REIN Inc.
Mls ID: #10615129