230 Nat Turner Blvd UNIT 4011Newport 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 4011, Newport News, VA, 23606 generates $1,591/mo in rent, after a $1,199/mo payment. Total monthly income is $1,591/mo. Return on cash invested sits at 13.82% in year one, and rental yield is 7.79% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 72.8% and total cumulative return in cash sums $59,124. 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 2005
N/A lot
$N/A/sqft
$539 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Barry Nachman • CENTURY 21 Nachman Realty
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10592802
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