49 Rockingham DrHamptonVA23669
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 49 Rockingham Dr, Hampton, VA, 23669 in Hampton: $3,223/mo in rent, $797/mo net, 10.18% gross yield, all on a $380,000 acquisition. The 1.89 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $104,987 in value, and $3,500/yr in principal paydown steadily builds equity. Projected total cumulative return: $204,978.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 4.2% |
| Monthly Cash Flow | $797 | $850 |
City averages based on Hampton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,223 |
| Total Monthly Debt Service | $2,120 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23669, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,491 (100%) |
| Owner Occupied HU | 10,118 (54.7%) |
| Renter Occupied HU | 7,002 (37.9%) |
| Vacant Housing Units | 1,371 ( 7.4%) |
| Median Home Value | $283,061 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
17,739
Single Family
15,766
Multi-Family
1,973
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23669, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,491 (100%) |
| Owner Occupied HU | 10,118 (54.7%) |
| Renter Occupied HU | 7,002 (37.9%) |
| Vacant Housing Units | 1,371 ( 7.4%) |
| Median Home Value | $283,061 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
17,739
Single Family
15,766
Multi-Family
1,973
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices