6 Dimmock Ave, Newport News, VA, 23601 | $409/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Newport News at 6 Dimmock Ave, Newport News, VA, 23601 generates $2,304/mo in rent and, after a $1,552/mo payment, leaves $409/mo in cash flow. Total monthly income is $2,304/mo, and annual cash flow is $4,903/yr on $105,086 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 8.72% on a $317,000 entry. Equity gained on principal adds $2,046/yr, while 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 127.6% and total cumulative return in cash sums $134,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,304/mo property income rather than buyer’s personal income.

Single Family

Built in 1958

9,147 sqft lot

$N/A/sqft

No HOA