226 Maple AveNewport NewsVA23607
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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
Rental property for sale in Newport News at 226 Maple Ave, Newport News, VA, 23607 priced at $280,000 pairs $2,194/mo rent with $521/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,194/mo, and annual cash flow comes to $6,248/yr on $92,820 invested. Return on cash invested is 26.64% in year one, and rental yield stands at 9.4% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 138.68% and total cumulative return in cash reaches $128,721. For financing, Ziffy Mortgage’s DSCR program evaluates $2,194/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23607, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,681 (100%) |
| Owner Occupied HU | 3,309 (31.0%) |
| Renter Occupied HU | 6,100 (57.1%) |
| Vacant Housing Units | 1,272 (11.9%) |
| Median Home Value | $182,143 |
| Average Home Value | $250,441 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
8,603
Multi-Family
1,406
Businesses
701
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Listed by: Yalonda Whitfield • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10604284