430 Cedar DrHamptonVA23669
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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 430 Cedar Dr, Hampton, VA, 23669 priced at $209,999 converts $2,033/mo rent into $778/mo cash flow after a $1,028/mo obligation. Total monthly income equals $2,033/mo, and annual cash flow totals $9,330/yr on $69,615 invested. Return on cash invested prints 33.31% in year one, and rental yield reads 11.62% against a $209,999 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 174.47% and total cumulative return in cash sums $121,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,033/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1953
N/A 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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