32 Manteo Ave, Hampton, VA, 23661 | 5.98% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
1320 sft

2103 Elm Ave, Portsmouth, VA, 23704

2 Bed
3 Bath
1064 sft

3801 Pamunkey River Reach APT B, Portsmouth, VA, 23703

3 Bed
2 Bath
1300 sft

21 Ansell Ave, Portsmouth, VA, 23702

2 Bed
2 Bath
1232 sft

1301 W 38th St, Norfolk, VA, 23508

Nearby investment properties with comparable prices

3 Bed
3 Bath
1612 sft

206 Blue Heron Trl, Carrollton, VA, 23314

3 Bed
3 Bath
1376 sft

5209 Johnstown Ln, Virginia Beach, VA, 23464

3 Bed
2 Bath
1500 sft

9 E Bayberry Ct, Hampton, VA, 23669

3 Bed
2 Bath
1679 sft

140 Henry Clay Rd, Newport News, VA, 23601

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $1,694/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 5.98% with $1,694/mo rent. Return on cash invested shows 16.31% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 83.25% and total cumulative return in cash records $93,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,694/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Multi Family

Built in 1918

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 23661, Hampton, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,524 (100%)
Owner Occupied HU	3,794 (58.2%)
Renter Occupied HU	2,150 (33.0%)
Vacant Housing Units	580 ( 8.9%)
Median Home Value	$254,084
Average Home Value	$300,757