814 Old Point AveHamptonVA23663
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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 Hampton at 814 Old Point Ave, Hampton, VA, 23663 priced at $260,000 pairs $2,010/mo rent with $455/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,010/mo, and annual cash flow comes to $5,464/yr on $86,190 invested. Return on cash invested is 26.25% in year one, and rental yield stands at 9.28% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 136.6% and total cumulative return in cash reaches $117,737. For financing, Ziffy Mortgage’s DSCR program evaluates $2,010/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23663, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,028 (100%) |
| Owner Occupied HU | 3,001 (49.8%) |
| Renter Occupied HU | 2,601 (43.1%) |
| Vacant Housing Units | 426 ( 7.1%) |
| Median Home Value | $222,438 |
| Average Home Value | $255,327 |
Housing Distribution
Address Breakdown
Residential
5,892
Single Family
5,829
Multi-Family
63
Businesses
382
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