383 Dewey AveHamptonVA23661
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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 Hampton at 383 Dewey Ave, Hampton, VA, 23661 earns $398/mo cash flow from $1,593/mo rent with a $978/mo payment. Total monthly income totals $1,593/mo, and annual cash flow totals $4,781/yr on $66,267 capital. ROI tracks 27.12% on current figures, and rental yield reads 9.56% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 141.28% and total cumulative return in cash sums $93,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,593/mo property income instead of your personal income.
Single Family
Built in 1961
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 |
Housing Distribution
Address Breakdown
Residential
6,345
Single Family
5,964
Multi-Family
381
Businesses
586
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