3316 Killian AvePortsmouthVA23704
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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
Investment property for sale in Portsmouth at 3316 Killian Ave, Portsmouth, VA, 23704 earns $623/mo cash flow from $2,566/mo rent with a $1,591/mo payment. Total monthly income totals $2,566/mo, and annual cash flow totals $7,475/yr on $107,738 capital. ROI tracks 26.85% on current figures, and rental yield reads 9.47% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 139.77% and total cumulative return in cash sums $150,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,566/mo property income instead of your personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23704, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,817 (100%) |
| Owner Occupied HU | 3,347 (34.1%) |
| Renter Occupied HU | 5,432 (55.3%) |
| Vacant Housing Units | 1,038 (10.6%) |
| Median Home Value | $234,119 |
| Average Home Value | $258,478 |
Housing Distribution
Address Breakdown
Residential
9,030
Single Family
6,865
Multi-Family
2,165
Businesses
707
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Listed by: Bianca Thomas • Empire Real Estate
Mls Name: REIN Inc.
Mls ID: #10611371