3321 Gwin StPortsmouthVA23704
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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 3321 Gwin St, Portsmouth, VA, 23704 listed at $260,000 pairs $2,195/mo rent with a $1,273/mo payment to leave $640/mo cash flow. Total monthly income runs $2,195/mo, and annual cash flow reaches $7,684/yr on $86,190 cash to close. Return on cash invested measures 28.82% in year one, and rental yield registers 10.13% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 150.41% and total cumulative return in cash totals $129,641. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,195/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
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: Zulma Gonzalez Rivera • World Class Realty
Mls Name: REIN Inc.
Mls ID: #10611051