24 Rockingham DrHamptonVA23669
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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
Investment property for sale in Hampton at 24 Rockingham Dr, Hampton, VA, 23669 with 5% annual appreciation on a $383,900 basis while $3,331/mo rent supports operations. Total monthly income totals $3,331/mo and a $1,879/mo payment preserves $1,036/mo for cash returns. Annual cash flow comes to $12,433/yr on $127,263 deployed, and return on cash invested reaches 29.68% in year one. Equity gained on principal adds $2,477/yr, and five-year appreciation sums $106,064 alongside rental yield of 10.41%. Five-year ROI measures 154.98% and total cumulative return in cash totals $197,233.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,331/mo property income versus a $1,879/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23669, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,491 (100%) |
| Owner Occupied HU | 10,118 (54.7%) |
| Renter Occupied HU | 7,002 (37.9%) |
| Vacant Housing Units | 1,371 ( 7.4%) |
| Median Home Value | $283,061 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
17,739
Single Family
15,766
Multi-Family
1,973
Businesses
777
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