8 Riverview DrHamptonVA23669
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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 Hampton at 8 Riverview Dr, Hampton, VA, 23669 generates $2,575/mo in rent and, after a $1,713/mo payment, leaves $483/mo in cash flow. Total monthly income is $2,575/mo, and annual cash flow is $5,795/yr on $115,992 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 8.83% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 129.35% and total cumulative return in cash sums $150,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,575/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23669, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,491 (100%) |
| Owner Occupied HU | 10,118 (54.7%) |
| Renter Occupied HU | 7,002 (37.9%) |
| Vacant Housing Units | 1,371 ( 7.4%) |
| Median Home Value | $283,061 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
17,739
Single Family
15,766
Multi-Family
1,973
Businesses
777
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