45 Pennington AveNewport NewsVA23606
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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 45 Pennington Ave, Newport News, VA, 23606 offers a 5.12% rental yield on a $449,900 purchase with $1,918/mo rent. 54% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 68.49% and total cumulative return in cash at $102,142. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,918/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ni Ni • Garrett Realty Partners
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10585904
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