5611 Gregory CtPortsmouthVA23703
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 5611 Gregory Ct, Portsmouth, VA, 23703 in Portsmouth earns a 9.15% gross yield at $160,000. Rent of $1,220/mo nets $264/mo after the $719/mo mortgage. The 1.70 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $44,205 and $1,474/yr in equity accumulation project a total cumulative return of $77,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.2% |
| Monthly Cash Flow | $264 | $1,850 |
City averages based on Portsmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,220 |
| Total Monthly Debt Service | $893 |
| DSCR Ratio | 1.37x |
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.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23703, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,410 (100%) |
| Owner Occupied HU | 7,264 (63.7%) |
| Renter Occupied HU | 3,500 (30.7%) |
| Vacant Housing Units | 646 ( 5.7%) |
| Median Home Value | $302,766 |
| Average Home Value | $328,834 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,202
Multi-Family
658
Businesses
441
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
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23703, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,410 (100%) |
| Owner Occupied HU | 7,264 (63.7%) |
| Renter Occupied HU | 3,500 (30.7%) |
| Vacant Housing Units | 646 ( 5.7%) |
| Median Home Value | $302,766 |
| Average Home Value | $328,834 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,202
Multi-Family
658
Businesses
441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Wilson • Inlet Realty
Mls Name: REIN Inc.
Mls ID: #10610727