433 Lester Rd APT 4, Newport News, VA, 23601 | $227/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
602 sft

139 Haverford Ct #2, Hampton, VA, 23666

4 Bed
3 Bath
2600 sft

6002 Campbell St, Portsmouth, VA, 23703

4 Bed
1 Bath
1188 sft

34 Decatur St, Portsmouth, VA, 23702

1 Bed
1 Bath
602 sft

240 Wells Ct #2, Hampton, VA, 23666

Nearby investment properties with comparable prices

3 Bed
1 Bath
974 sft

964 Quail St, Norfolk, VA, 23513

2 Bed
1 Bath
1107 sft

215 Blair Ave, Newport News, VA, 23607

Investment Property+ 2 more

3 Bed
1 Bath
1160 sft

732 20th St, Newport News, VA, 23607

3 Bed
2 Bath
1259 sft

6612 Pilot Ave, Norfolk, VA, 23513

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Newport News at 433 Lester Rd APT 4, Newport News, VA, 23601 listed at $115,000 pairs $915/mo rent with a $563/mo payment to leave $227/mo cash flow. Total monthly income runs $915/mo, and annual cash flow reaches $2,729/yr on $38,123 cash to close. Return on cash invested measures 27.07% in year one, and rental yield registers 9.55% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 141.01% and total cumulative return in cash totals $53,757. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $915/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA