10421 Chesterwood DrSpotsylvaniaVA22553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spotsylvania at 10421 Chesterwood Dr, Spotsylvania, VA, 22553 uses $144,169 cash to close to unlock $9,862/yr annual cash flow and $822/mo monthly cash flow. Total monthly income runs $3,422/mo, and a $2,129/mo payment keeps the spread at $822/mo. Purchase price stands at $434,900, and rental yield measures 9.44% with $3,422/mo rent. Return on cash invested shows 26.75% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 139.25% and total cumulative return in cash records $200,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,422/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22553, Spotsylvania, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,156 (100%) |
| Owner Occupied HU | 4,810 (78.1%) |
| Renter Occupied HU | 1,001 (16.3%) |
| Vacant Housing Units | 345 ( 5.6%) |
| Median Home Value | $518,692 |
| Average Home Value | $535,731 |
Housing Distribution
Address Breakdown
Residential
6,110
Single Family
5,950
Multi-Family
160
Businesses
428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Cherry Taylor • Porch & Stable Realty, LLC
Mls Name: Bright MLS
Mls ID: #VASP2037832