504 Eisenhower CirPortsmouthVA23701
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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 504 Eisenhower Cir, Portsmouth, VA, 23701 offers a 12.09% rental yield on a $180,000 purchase with $1,814/mo rent. Total monthly income registers $1,814/mo, and a $881/mo payment leaves $738/mo available for distribution. Annual cash flow reaches $8,856/yr on $59,670 to close, and return on cash invested stands at 34.75% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 182.13% and total cumulative return in cash at $108,677. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,814/mo property income against a $881/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
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: Christian Harris • BPRE
Mls Name: REIN Inc.
Mls ID: #10614130