957 Willbrook RdNewport NewsVA23602
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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 957 Willbrook Rd, Newport News, VA, 23602 offers a 9.03% rental yield on a $350,000 purchase with $2,635/mo rent. Total monthly income registers $2,635/mo, and a $1,713/mo payment leaves $543/mo available for distribution. Annual cash flow reaches $6,514/yr on $116,025 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 132.67% and total cumulative return in cash at $153,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,635/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,392 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23602, Newport News, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,910 (100%) |
| Owner Occupied HU | 9,840 (52.0%) |
| Renter Occupied HU | 8,023 (42.4%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $321,359 |
| Average Home Value | $321,915 |
Housing Distribution
Address Breakdown
Residential
18,280
Single Family
16,019
Multi-Family
2,261
Businesses
939
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Listed by: Exiquio Mora • EXP Realty LLC
Mls Name: REIN Inc.
Mls ID: #10615639