317 Palen Ave, Newport News, VA, 23601 | $640/mo Cash Flow

For Sale

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

Investment property for sale in Newport News at 317 Palen Ave, Newport News, VA, 23601 earns $640/mo cash flow from $2,741/mo rent with a $1,720/mo payment. Total monthly income totals $2,741/mo, and annual cash flow totals $7,683/yr on $116,522 capital. ROI tracks 26.5% on current figures, and rental yield reads 9.36% at a $351,500 purchase. Equity gained on principal adds $2,268/yr, and 5% annual appreciation supports $97,113 over five years. Five-year ROI reaches 137.94% and total cumulative return in cash sums $160,733. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,741/mo property income instead of your personal income.

Single Family

Built in 1920

6,098 sqft lot

$N/A/sqft

No HOA