926 Fayette StPortsmouthVA23704
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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 926 Fayette St, Portsmouth, VA, 23704 generates $1,651/mo in rent, after a $1,654/mo payment. Total monthly income is $1,651/mo. Return on cash invested sits at 15.96% in year one, and rental yield is 5.86% on a $337,900 entry. Equity gained on principal adds $2,180/yr, while 5% annual appreciation builds toward $93,356 over five years. Five-year ROI reaches 81.36% and total cumulative return in cash sums $91,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,651/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23704, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,817 (100%) |
| Owner Occupied HU | 3,347 (34.1%) |
| Renter Occupied HU | 5,432 (55.3%) |
| Vacant Housing Units | 1,038 (10.6%) |
| Median Home Value | $234,119 |
| Average Home Value | $258,478 |
Housing Distribution
Address Breakdown
Residential
9,030
Single Family
6,865
Multi-Family
2,165
Businesses
707
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Listed by: Amber Cuono • Iron Valley Real Est Norfolk
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10592739
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