498 Romayne Dr, Newport News, VA, 23601 | $590/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newport News at 498 Romayne Dr, Newport News, VA, 23601 listed at $425,000 pairs $3,130/mo rent with a $2,080/mo payment to leave $590/mo cash flow. Total monthly income runs $3,130/mo, and annual cash flow reaches $7,075/yr on $140,888 cash to close. Return on cash invested measures 24.93% in year one, and rental yield registers 8.84% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 129.5% and total cumulative return in cash totals $182,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,130/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1910

0.35 Acres lot

$N/A/sqft

No HOA