84 Emeraude PlageHamptonVA23666
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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 84 Emeraude Plage, Hampton, VA, 23666 priced at $149,000 pairs $1,155/mo rent with $265/mo cash flow after a $729/mo payment. Total monthly income equals $1,155/mo, and annual cash flow comes to $3,175/yr on $49,394 invested. Return on cash invested is 26.34% in year one, and rental yield stands at 9.3% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 137.05% and total cumulative return in cash reaches $67,696. For financing, Ziffy Mortgage’s DSCR program evaluates $1,155/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23666, Hampton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,061 (100%) |
| Owner Occupied HU | 12,157 (46.6%) |
| Renter Occupied HU | 12,126 (46.5%) |
| Vacant Housing Units | 1,778 ( 6.8%) |
| Median Home Value | $271,054 |
| Average Home Value | $296,176 |
Housing Distribution
Address Breakdown
Residential
24,997
Single Family
20,308
Multi-Family
4,689
Businesses
1,561
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