621 Center Ave, Newport News, VA, 23601 | $1,013/mo Cash Flow

For Sale

Rental Income

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 621 Center Ave, Newport News, VA, 23601 listed at $289,900 pairs $2,746/mo rent with a $1,419/mo payment to leave $1,013/mo cash flow. Total monthly income runs $2,746/mo, and annual cash flow reaches $12,155/yr on $96,102 cash to close. Return on cash invested measures 32.56% in year one, and rental yield registers 11.37% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 170.39% and total cumulative return in cash totals $163,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,746/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1920

N/A lot

$N/A/sqft

No HOA