10920 Stepney RdChesterVA23831
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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 Chester at 10920 Stepney Rd, Chester, VA, 23831 offers a 9.48% rental yield on a $389,000 purchase with $3,074/mo rent. Total monthly income registers $3,074/mo, and a $1,904/mo payment leaves $749/mo available for distribution. Annual cash flow reaches $8,983/yr on $128,954 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 139.93% and total cumulative return in cash at $180,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,074/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23831, Chester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,535 (100%) |
| Owner Occupied HU | 10,960 (66.3%) |
| Renter Occupied HU | 4,869 (29.4%) |
| Vacant Housing Units | 706 ( 4.3%) |
| Median Home Value | $358,137 |
| Average Home Value | $420,848 |
Housing Distribution
Address Breakdown
Residential
15,921
Single Family
14,051
Multi-Family
1,870
Businesses
1,142
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