32 Corwin CirHamptonVA23666
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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 32 Corwin Cir, Hampton, VA, 23666 priced at $214,900 converts $1,492/mo rent into $207/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,492/mo, and annual cash flow totals $2,486/yr on $71,239 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 8.33% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 121.32% and total cumulative return in cash sums $86,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,492/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23666, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,061 (100%) |
| Owner Occupied HU | 12,157 (46.6%) |
| Renter Occupied HU | 12,126 (46.5%) |
| Vacant Housing Units | 1,778 ( 6.8%) |
| Median Home Value | $271,054 |
| Average Home Value | $296,176 |
Housing Distribution
Address Breakdown
Residential
24,997
Single Family
20,308
Multi-Family
4,689
Businesses
1,561
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