10246 Balducci PlMechanicsvilleVA23116
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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 Mechanicsville at 10246 Balducci Pl, Mechanicsville, VA, 23116 generates $3,767/mo in rent and, after a $3,034/mo payment, leaves $61/mo in cash flow. Total monthly income is $3,767/mo, and annual cash flow is $737/yr on $203,947 invested. Return on cash invested sits at 20.42% in year one, and rental yield is 7.29% on a $619,900 entry. Equity gained on principal adds $4,000/yr, while 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 105.29% and total cumulative return in cash sums $214,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,767/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23116, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 10,975 (87.4%) |
| Renter Occupied HU | 1,271 (10.1%) |
| Vacant Housing Units | 318 ( 2.5%) |
| Median Home Value | $437,573 |
| Average Home Value | $466,521 |
Housing Distribution
Address Breakdown
Residential
12,986
Single Family
12,813
Multi-Family
173
Businesses
854
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Listed by: Stoney Marshall • Hometown Realty Services Inc
Mls Name: CVRMLS
Mls ID: #2520092