710 Sedgefield DrNewport NewsVA23605
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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 710 Sedgefield Dr, Newport News, VA, 23605 generates $2,216/mo in rent and, after a $1,243/mo payment, leaves $698/mo in cash flow. Total monthly income is $2,216/mo, and annual cash flow is $8,374/yr on $84,201 invested. Return on cash invested sits at 29.85% in year one, and rental yield is 10.47% on a $254,000 entry. Equity gained on principal adds $1,639/yr, while 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 155.91% and total cumulative return in cash sums $131,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,216/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23605, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 3,034 (43.2%) |
| Renter Occupied HU | 3,560 (50.7%) |
| Vacant Housing Units | 424 ( 6.0%) |
| Median Home Value | $250,947 |
| Average Home Value | $321,551 |
Housing Distribution
Address Breakdown
Residential
6,791
Single Family
5,736
Multi-Family
1,055
Businesses
407
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Listed by: Brandon Privette • 1st Advantage Realty LLC
Mls Name: REIN Inc.
Mls ID: #10613236