217 Center Ave, Newport News, VA, 23601 | $763/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Newport News at 217 Center Ave, Newport News, VA, 23601 priced at $244,900 converts $2,227/mo rent into $763/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,227/mo, and annual cash flow totals $9,152/yr on $81,184 invested. Return on cash invested prints 31.18% in year one, and rental yield reads 10.91% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 163.04% and total cumulative return in cash sums $132,365. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,227/mo property income covering a $1,199/mo payment, not borrower’s personal income.

Single Family

Built in 1945

3,484 sqft lot

$N/A/sqft

No HOA