11718 Corte Castle RdChesterfieldVA23838
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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 11718 Corte Castle Rd, Chesterfield, VA, 23838 earns $982/mo cash flow from $3,359/mo rent with a $1,946/mo payment. Total monthly income totals $3,359/mo, and annual cash flow totals $11,788/yr on $131,771 capital. ROI tracks 28.86% on current figures, and rental yield reads 10.14% at a $397,500 purchase. Equity gained on principal adds $2,565/yr, and 5% annual appreciation supports $109,822 over five years. Five-year ROI reaches 150.56% and total cumulative return in cash sums $198,395. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,359/mo property income instead of your personal income.
Single Family
Built in 2002
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23838, Chesterfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,554 (100%) |
| Owner Occupied HU | 6,049 (92.3%) |
| Renter Occupied HU | 339 ( 5.2%) |
| Vacant Housing Units | 166 ( 2.5%) |
| Median Home Value | $530,455 |
| Average Home Value | $556,540 |
Housing Distribution
Address Breakdown
Residential
6,857
Single Family
6,857
Multi-Family
0
Businesses
36
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Listed by: Jonathan Hock • Napier Realtors, ERA
Mls Name: CVRMLS
Mls ID: #2532991