62 Randolph Rd, Newport News, VA, 23601 | $295/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

Investment property for sale in Newport News at 62 Randolph Rd, Newport News, VA, 23601 offers a 8.38% rental yield on a $295,000 purchase with $2,059/mo rent. Total monthly income registers $2,059/mo, and a $1,444/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,545/yr on $97,793 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 122.04% and total cumulative return in cash at $119,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

7,840 sqft lot

$N/A/sqft

No HOA