230 Nat Turner Blvd UNIT 2004, Newport News, VA, 23606 | $55/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

Investment property for sale in Newport News at 230 Nat Turner Blvd UNIT 2004, Newport News, VA, 23606 uses $85,195 cash to close to unlock $655/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $1,258/mo payment keeps the spread at $55/mo. Purchase price stands at $256,999, and rental yield measures 7.43% with $1,591/mo rent. Return on cash invested shows 20.68% in year one, and 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 106.71% and total cumulative return in cash records $90,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $1,258/mo payment rather than investor’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA