5938 Marshall AveNewport NewsVA23605
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
Investment Highlights
Investment property for sale in Newport News at 5938 Marshall Ave, Newport News, VA, 23605 listed at $335,900 pairs $2,792/mo rent with a $1,644/mo payment to leave $784/mo cash flow. Total monthly income runs $2,792/mo, and annual cash flow reaches $9,409/yr on $111,351 cash to close. Return on cash invested measures 28.36% in year one, and rental yield registers 9.97% at a $335,900 basis. Equity gained on principal adds $2,168/yr, and annual property appreciation at 5% supports $92,803 by year five. Five-year ROI tracks 147.92% and total cumulative return in cash totals $164,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,792/mo property income relative to a $1,644/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23605, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 3,034 (43.2%) |
| Renter Occupied HU | 3,560 (50.7%) |
| Vacant Housing Units | 424 ( 6.0%) |
| Median Home Value | $250,947 |
| Average Home Value | $321,551 |
Housing Distribution
Address Breakdown
Residential
6,791
Single Family
5,736
Multi-Family
1,055
Businesses
407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Blackwood • Serhant
Mls Name: REIN Inc.
Mls ID: #10610667