409 Glendale RdHamptonVA23661
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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 409 Glendale Rd, Hampton, VA, 23661 uses $48,896 cash to close to unlock $16,280/yr annual cash flow and $1,357/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $722/mo payment keeps the spread at $1,357/mo. Purchase price stands at $147,500, and rental yield measures 18.5% with $2,274/mo rent. Return on cash invested shows 53.2% in year one, and 5% annual appreciation builds toward $40,752 over five years. Five-year ROI reaches 281.45% and total cumulative return in cash records $137,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $722/mo payment rather than investor’s personal income.
Single Family
Built in 1941
6,160 sqft 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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