296 Walt Whitman Ave, Newport News, VA, 23606 | $249/mo Cash Flow

For Sale

Listed for sale 4 days ago

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

Rental property for sale in Newport News at 296 Walt Whitman Ave, Newport News, VA, 23606 generates $2,820/mo in rent and, after a $2,105/mo payment, leaves $249/mo in cash flow. Total monthly income is $2,820/mo, and annual cash flow is $2,990/yr on $142,545 invested. Return on cash invested sits at 22.01% in year one, and rental yield is 7.87% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 113.84% and total cumulative return in cash sums $162,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.

Townhouse

Built in 2004

N/A lot

$N/A/sqft

No HOA