88 Main StNewport NewsVA23601
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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
Investment property for sale in Newport News at 88 Main St, Newport News, VA, 23601 with 5% annual appreciation on a $225,000 basis while $1,528/mo rent supports operations. Total monthly income totals $1,528/mo and a $1,101/mo payment preserves $183/mo for cash returns. Annual cash flow comes to $2,199/yr on $74,588 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.15%. Five-year ROI measures 118.41% and total cumulative return in cash totals $88,317.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,528/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Kippe O'Neil • Liz Moore & Associates LLC
Mls Name: REIN Inc.
Mls ID: #10613450