Property Management Software for Landlords in Newport News

Owning rental property in Newport News means more than collecting rent. Tracking income and expenses across units, staying ahead of lease renewals, and knowing your true return takes real time. Mozongi REMA is free property management software built for Newport News landlords who want every number in one place.

Newport News rental market at a glance

Per the most recent municipal and federal data for the Newport News metro area:

• Population: approximately 179k residents
• Median 1-bedroom rent: $1,300 / month
• Vacancy rate: 6.0%

How Newport News compares to Virginia

Across the 8 Virginia markets we track, the average one-bedroom rent is about $1,438/month and the average vacancy rate is 5.6%. Newport News's $1,300 median is 10% below the Virginia average of $1,438/month, and its 6.0% vacancy is looser than the Virginia norm of 5.6%.

• Gross annual rent (one unit, before vacancy): $15,600
• Vacancy-adjusted annual rent: $14,664
• Newport News rent vs Virginia average: 10% below
• Estimated market size: ~179k residents

With higher vacancy, Newport News tenants have options — so screening carefully and pricing competitively matters. Know your true cost and cap rate per unit before you set rent.

If your Newport News unit is rented below median and your DSCR is under 1.20, you have room to optimize. Mozongi REMA calculates DSCR, ROI, and cap rate automatically for every property.

Property management software made for Newport News landlords

Whether you own a single rental in Newport News or a growing portfolio across Virginia, Mozongi REMA tracks every property, lease, and tenant and does the math for you.

• A portfolio dashboard showing every Newport News property at a glance
• Automatic NOI, cap rate, cash-on-cash return, and DSCR
• Lease and tenant records with document storage
• Rent-collection tracking so you always know who has paid
• Mobile-friendly access from any property visit

Built for Virginia landlords

Renting out property in Newport News comes with its own rules, and Mozongi REMA helps you stay organized around them:

• Virginia's landlord-tenant statutes and the Virginia housing or small claims court govern tenancies in Newport News — keep lease terms, dates, and renewals organized in one place.
• Rent increases — track current rents against the applicable annual guideline so every adjustment is documented and on time.
• Tenant records and documents — store leases, condition reports, and correspondence per unit.
• Every amount is tracked in USD.

Know whether your Newport News rental actually pays

Newport News purchase prices and rents both vary widely, so a property that looks fine on paper can quietly underperform. Mozongi REMA calculates net operating income, cap rate, and cash-on-cash return automatically — so you can see whether a Newport News unit is earning, breaking even, or costing you money, and decide what to do next with real numbers.

Start free in Newport News

The free Starter plan covers up to 2 Newport News properties with full financial analytics — no credit card required. As your portfolio grows, paid plans add more properties, automatic rent collection, and portfolio sharing with your accountant.