804 James DrNewport NewsVA23605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 804 James Dr, Newport News, VA, 23605 priced at $195,000 pairs $1,574/mo rent with $409/mo cash flow after a $954/mo payment. Total monthly income equals $1,574/mo, and annual cash flow comes to $4,905/yr on $64,643 invested. Return on cash invested is 27.5% in year one, and rental yield stands at 9.69% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 143.25% and total cumulative return in cash reaches $92,602. For financing, Ziffy Mortgage’s DSCR program evaluates $1,574/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Liedtke • AMW Real Estate Inc
Mls Name: REIN Inc.
Mls ID: #10606659