230 Nat Turner Blvd UNIT 2013Newport NewsVA23606
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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
Rental property for sale in Newport News at 230 Nat Turner Blvd UNIT 2013, Newport News, VA, 23606 generates $1,591/mo in rent, after a $1,223/mo payment. Total monthly income is $1,591/mo. Return on cash invested sits at 13.51% in year one, and rental yield is 7.64% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 71.13% and total cumulative return in cash sums $58,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,591/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$539 monthly HOA
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Listed by: ReNaye Dame • Gloucester Realty Corporation
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10584066
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