4313 Templar DrPortsmouthVA23703
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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 Portsmouth at 4313 Templar Dr, Portsmouth, VA, 23703 listed at $389,000 pairs $2,604/mo rent with a $1,904/mo payment to leave $279/mo cash flow. Total monthly income runs $2,604/mo, and annual cash flow reaches $3,343/yr on $128,954 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 8.03% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 116.47% and total cumulative return in cash totals $150,186. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,604/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23703, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,410 (100%) |
| Owner Occupied HU | 7,264 (63.7%) |
| Renter Occupied HU | 3,500 (30.7%) |
| Vacant Housing Units | 646 ( 5.7%) |
| Median Home Value | $302,766 |
| Average Home Value | $328,834 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,202
Multi-Family
658
Businesses
441
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Listed by: Richard Febus • Next Chapter VA Realty Inc
Mls Name: REIN Inc.
Mls ID: #10607198