11667 Riverboat DrChesterVA23836
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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 11667 Riverboat Dr, Chester, VA, 23836 uses $228,655 cash to close to unlock $8,881/yr annual cash flow and $740/mo monthly cash flow. Total monthly income runs $4,895/mo, and a $3,402/mo payment keeps the spread at $740/mo. Purchase price stands at $695,000, and rental yield measures 8.45% with $4,895/mo rent. Return on cash invested shows 23.94% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 124.18% and total cumulative return in cash records $283,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,895/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23836, Chester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,118 (100%) |
| Owner Occupied HU | 4,323 (70.7%) |
| Renter Occupied HU | 1,495 (24.4%) |
| Vacant Housing Units | 300 ( 4.9%) |
| Median Home Value | $422,943 |
| Average Home Value | $483,089 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
5,853
Multi-Family
318
Businesses
361
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