38 Southwind DrHamptonVA23669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 38 Southwind Dr, Hampton, VA, 23669 priced at $205,000 converts $2,971/mo rent into $1,650/mo cash flow after a $1,003/mo obligation. Total monthly income equals $2,971/mo, and annual cash flow totals $19,795/yr on $67,958 invested. Return on cash invested prints 49.04% in year one, and rental yield reads 17.39% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 259.41% and total cumulative return in cash sums $176,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,971/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1962
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23669, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,491 (100%) |
| Owner Occupied HU | 10,118 (54.7%) |
| Renter Occupied HU | 7,002 (37.9%) |
| Vacant Housing Units | 1,371 ( 7.4%) |
| Median Home Value | $283,061 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
17,739
Single Family
15,766
Multi-Family
1,973
Businesses
777
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Listed by: Kelly L Liedtke • AMW Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #2503030
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the WMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firms. 2025 WMLS. All rights reserved.