531 Taliaferro RdNewport NewsVA23603
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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 Newport News at 531 Taliaferro Rd, Newport News, VA, 23603 generates $1,705/mo in rent, after a $3,524/mo payment. Total monthly income is $1,705/mo. Return on cash invested sits at 6.89% in year one, and rental yield is 2.84% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 32.73% and total cumulative return in cash sums $77,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,705/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23603, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,773 (100%) |
| Owner Occupied HU | 690 (38.9%) |
| Renter Occupied HU | 904 (51.0%) |
| Vacant Housing Units | 179 (10.1%) |
| Median Home Value | $340,093 |
| Average Home Value | $331,290 |
Housing Distribution
Address Breakdown
Residential
1,477
Single Family
787
Multi-Family
690
Businesses
99
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Listed by: Hea Joo Kim • EXP Realty LLC
Mls Name: REIN Inc.
Mls ID: #10599957