36 Pennington Ave, Newport News, VA, 23606 | $524/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
4 Bath
3000 sft

2608 Oak Ave, Newport News, VA, 23607

4 Bed
3 Bath
2079 sft

511 Pennsylvania Ave, Norfolk, VA, 23508

2 Bed
3 Bath
1192 sft

232 Mill Point Dr, Hampton, VA, 23669

3 Bed
1 Bath
850 sft

4918 Krick St, Norfolk, VA, 23513

Nearby investment properties with comparable prices

3 Bed
2 Bath
1794 sft

134 Beechwood Ave, Norfolk, VA, 23505

3 Bed
1 Bath
1248 sft

22 Clemwood Pkwy, Hampton, VA, 23669

4 Bed
2 Bath
1416 sft

29 Lacrosse St, Hampton, VA, 23663

3 Bed
2 Bath
1373 sft

705 Celey St, Hampton, VA, 23661

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

Rental property for sale in Newport News at 36 Pennington Ave, Newport News, VA, 23606 offers $2,300/mo rent that, after a $1,454/mo payment, leaves $524/mo cash flow. Total monthly income is $2,300/mo, and annual cash flow is $6,291/yr on $98,456 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 9.29% at a $297,000 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,056 by year five. Five-year ROI records 136.87% and total cumulative return in cash reaches $134,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,300/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

8,183 sqft lot

$N/A/sqft

No HOA