569 Ayrshire Way APT ANewport NewsVA23602
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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
Investment Highlights
Investment property for sale in Newport News at 569 Ayrshire Way APT A, Newport News, VA, 23602 listed at $115,000 pairs $865/mo rent with a $563/mo payment. Total monthly income runs $865/mo. Return on cash invested measures 11.58% in year one, and rental yield registers 9.03% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 63.04% and total cumulative return in cash totals $24,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $865/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
3,049 sqft lot
$N/A/sqft
$442 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23602, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,910 (100%) |
| Owner Occupied HU | 9,840 (52.0%) |
| Renter Occupied HU | 8,023 (42.4%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $321,359 |
| Average Home Value | $321,915 |
Housing Distribution
Address Breakdown
Residential
18,280
Single Family
16,019
Multi-Family
2,261
Businesses
939
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Listed by: Shari Pruitt • Rebate Property Management LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2421048
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.