670 Town Center Dr UNIT 406Newport NewsVA23606
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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
Investment property for sale in Newport News at 670 Town Center Dr UNIT 406, Newport News, VA, 23606 earns from $2,040/mo rent with a $1,297/mo payment. Total monthly income totals $2,040/mo. ROI tracks 19.78% on current figures, and rental yield reads 9.24% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 104.19% and total cumulative return in cash sums $91,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$417 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Ingrid Bayne • RE/MAX Peninsula
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10591319
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