220 Chesterfield RdHamptonVA23661
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 Hampton at 220 Chesterfield Rd, Hampton, VA, 23661 with 5% annual appreciation on a $274,999 basis while $2,424/mo rent supports operations. Total monthly income totals $2,424/mo and a $1,346/mo payment preserves $780/mo for cash returns. Annual cash flow comes to $9,361/yr on $91,162 deployed, and return on cash invested reaches 30.18% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 10.58%. Five-year ROI measures 157.7% and total cumulative return in cash totals $143,759.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,424/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23661, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,524 (100%) |
| Owner Occupied HU | 3,794 (58.2%) |
| Renter Occupied HU | 2,150 (33.0%) |
| Vacant Housing Units | 580 ( 8.9%) |
| Median Home Value | $254,084 |
| Average Home Value | $300,757 |
Housing Distribution
Address Breakdown
Residential
6,345
Single Family
5,964
Multi-Family
381
Businesses
586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices