4618 Greenwood DrPortsmouthVA23701
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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 Portsmouth at 4618 Greenwood Dr, Portsmouth, VA, 23701 priced at $125,900 pairs $960/mo rent with $208/mo cash flow after a $616/mo payment. Total monthly income equals $960/mo, and annual cash flow comes to $2,491/yr on $41,736 invested. Return on cash invested is 25.88% in year one, and rental yield stands at 9.15% on a $125,900 basis. Equity gained on principal adds $812/yr, and 5% annual appreciation accumulates to $34,784 by year five. Five-year ROI measures 134.62% and total cumulative return in cash reaches $56,184. For financing, Ziffy Mortgage’s DSCR program evaluates $960/mo property income against a $616/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23701, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,673 (100%) |
| Owner Occupied HU | 6,746 (63.2%) |
| Renter Occupied HU | 3,208 (30.1%) |
| Vacant Housing Units | 719 ( 6.7%) |
| Median Home Value | $254,647 |
| Average Home Value | $292,797 |
Housing Distribution
Address Breakdown
Residential
10,572
Single Family
9,900
Multi-Family
672
Businesses
677
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Listed by: Candice Myers • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10612135