9 Holly Hill CtPortsmouthVA23702
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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 Portsmouth at 9 Holly Hill Ct, Portsmouth, VA, 23702 priced at $249,900 pairs $1,737/mo rent with $243/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,737/mo, and annual cash flow comes to $2,919/yr on $82,842 invested. Return on cash invested is 23.43% in year one, and rental yield stands at 8.34% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 121.51% and total cumulative return in cash reaches $100,658. For financing, Ziffy Mortgage’s DSCR program evaluates $1,737/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23702, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,388 (100%) |
| Owner Occupied HU | 2,398 (44.5%) |
| Renter Occupied HU | 2,518 (46.7%) |
| Vacant Housing Units | 472 ( 8.8%) |
| Median Home Value | $233,818 |
| Average Home Value | $252,204 |
Housing Distribution
Address Breakdown
Residential
5,091
Single Family
4,806
Multi-Family
285
Businesses
254
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Listed by: Nancy Bui • Keller Williams Realty Twn Ctr
Mls Name: REIN Inc.
Mls ID: #10615310