625 Center AveNewport NewsVA23601
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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
Investment Highlights
Rental property for sale in Newport News at 625 Center Ave, Newport News, VA, 23601 offers $2,165/mo rent that, after a $1,101/mo payment, leaves $820/mo cash flow. Total monthly income is $2,165/mo, and annual cash flow is $9,843/yr on $74,588 cash. Return on cash invested measures 33.11% in year one, and rental yield stands at 11.55% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 173.37% and total cumulative return in cash reaches $129,309. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,165/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tanisha Facey • KP Realty Consultants
Mls Name: REIN Inc.
Mls ID: #10616963