11016 Timonium DrChesterVA23831
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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 11016 Timonium Dr, Chester, VA, 23831 offers a 7.5% rental yield on a $275,000 purchase with $1,718/mo rent. Total monthly income registers $1,718/mo, and a $1,346/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $889/yr on $91,163 to close, and return on cash invested stands at 20.88% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 107.83% and total cumulative return in cash at $98,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,718/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.26 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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