421 Morrison AveNewport NewsVA23601
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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 Newport News at 421 Morrison Ave, Newport News, VA, 23601 at $199,950 posts ROI 26.56% with $367/mo cash flow from $1,563/mo rent. Total monthly income equals $1,563/mo, and annual cash flow records $4,409/yr on $66,283 to close. Return on cash invested measures 26.56% and rental yield reads 9.38% at the current $199,950. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,243 by year five. Five-year ROI prints 138.29% and total cumulative return in cash totals $91,660.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,563/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Bill Eiseman • Long & Foster Real Estate Inc.
Mls Name: Long & Foster Broker Feed
Mls ID: #10614126