3 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
Rental property for sale in Hampton at 3 Rockingham Dr, Hampton, VA, 23669 offers $3,130/mo rent that, after a $1,786/mo payment, leaves $949/mo cash flow. Total monthly income is $3,130/mo, and annual cash flow is $11,383/yr on $120,998 cash. Return on cash invested measures 29.32% in year one, and rental yield stands at 10.29% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 153.02% and total cumulative return in cash reaches $185,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,130/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2007
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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