51 Phelps CirHamptonVA23663
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 51 Phelps Cir, Hampton, VA, 23663 in Hampton earns a 9.83% gross yield at $210,000. Rent of $1,720/mo nets $464/mo after the $944/mo mortgage. The 1.82 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $58,019 and $1,934/yr in equity accumulation project a total cumulative return of $109,387.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 4.2% |
| Monthly Cash Flow | $464 | $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 | $1,720 |
| Total Monthly Debt Service | $1,172 |
| DSCR Ratio | 1.47x |
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.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23663, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,028 (100%) |
| Owner Occupied HU | 3,001 (49.8%) |
| Renter Occupied HU | 2,601 (43.1%) |
| Vacant Housing Units | 426 ( 7.1%) |
| Median Home Value | $222,438 |
| Average Home Value | $255,327 |
Housing Distribution
Address Breakdown
Residential
5,892
Single Family
5,829
Multi-Family
63
Businesses
382
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
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23663, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,028 (100%) |
| Owner Occupied HU | 3,001 (49.8%) |
| Renter Occupied HU | 2,601 (43.1%) |
| Vacant Housing Units | 426 ( 7.1%) |
| Median Home Value | $222,438 |
| Average Home Value | $255,327 |
Housing Distribution
Address Breakdown
Residential
5,892
Single Family
5,829
Multi-Family
63
Businesses
382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices