39 Banister DrHamptonVA23666
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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
Rental property for sale in Hampton at 39 Banister Dr, Hampton, VA, 23666 generates $2,611/mo in rent and, after a $1,708/mo payment, leaves $525/mo in cash flow. Total monthly income is $2,611/mo, and annual cash flow is $6,299/yr on $115,694 invested. Return on cash invested sits at 25.35% in year one, and rental yield is 8.98% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 131.75% and total cumulative return in cash sums $152,424. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,611/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
9,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23666, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,061 (100%) |
| Owner Occupied HU | 12,157 (46.6%) |
| Renter Occupied HU | 12,126 (46.5%) |
| Vacant Housing Units | 1,778 ( 6.8%) |
| Median Home Value | $271,054 |
| Average Home Value | $296,176 |
Housing Distribution
Address Breakdown
Residential
24,997
Single Family
20,308
Multi-Family
4,689
Businesses
1,561
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