4520 Ibis CtPortsmouthVA23703
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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 4520 Ibis Ct, Portsmouth, VA, 23703 listed at $319,000 pairs $2,530/mo rent with a $1,561/mo payment to leave $623/mo cash flow. Total monthly income runs $2,530/mo, and annual cash flow reaches $7,481/yr on $105,749 cash to close. Return on cash invested measures 26.98% in year one, and rental yield registers 9.52% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 140.52% and total cumulative return in cash totals $148,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,530/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
N/A 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: Katherine Sommer • A Better Way Realty Inc.
Mls Name: REIN Inc.
Mls ID: #10612024