3 Emmons PlPortsmouthVA23702
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 3 Emmons Pl, Portsmouth, VA, 23702 in Portsmouth aligned with their strategy. Rental yield 6.25%. DSCR 1.16 and 6.25% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,039/yr in paydown build toward a projected cumulative return of $108,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.2% |
| Monthly Cash Flow | $(254) | $1,850 |
City averages based on Portsmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,718 |
| Total Monthly Debt Service | $1,841 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1918
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23702, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,388 (100%) |
| Owner Occupied HU | 2,398 (44.5%) |
| Renter Occupied HU | 2,518 (46.7%) |
| Vacant Housing Units | 472 ( 8.8%) |
| Median Home Value | $233,818 |
| Average Home Value | $252,204 |
Housing Distribution
Address Breakdown
Residential
5,091
Single Family
4,806
Multi-Family
285
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1918
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23702, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,388 (100%) |
| Owner Occupied HU | 2,398 (44.5%) |
| Renter Occupied HU | 2,518 (46.7%) |
| Vacant Housing Units | 472 ( 8.8%) |
| Median Home Value | $233,818 |
| Average Home Value | $252,204 |
Housing Distribution
Address Breakdown
Residential
5,091
Single Family
4,806
Multi-Family
285
Businesses
254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Decker • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10596359