10810 Ridgerun RdChesterfieldVA23832
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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 Chesterfield at 10810 Ridgerun Rd, Chesterfield, VA, 23832 offers a 8.4% rental yield on a $339,900 purchase with $2,380/mo rent. Total monthly income registers $2,380/mo, and a $1,664/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,173/yr on $112,677 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 122.43% and total cumulative return in cash at $137,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,380/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23832, Chesterfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,674 (100%) |
| Owner Occupied HU | 12,960 (82.7%) |
| Renter Occupied HU | 2,359 (15.1%) |
| Vacant Housing Units | 355 ( 2.3%) |
| Median Home Value | $387,676 |
| Average Home Value | $419,762 |
Housing Distribution
Address Breakdown
Residential
15,761
Single Family
15,409
Multi-Family
352
Businesses
844
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Listed by: Carol Dinsmore • Keller Williams
Mls Name: CVRMLS
Mls ID: #2517621