13101 Harrowgate 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 13101 Harrowgate Rd, Chester, VA, 23831 uses $135,584 cash to close to unlock $11,051/yr annual cash flow and $921/mo monthly cash flow. Total monthly income runs $3,366/mo, and a $2,002/mo payment keeps the spread at $921/mo. Purchase price stands at $409,000, and rental yield measures 9.88% with $3,366/mo rent. Return on cash invested shows 28.06% in year one, and 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 146.27% and total cumulative return in cash records $198,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,366/mo property income covering a $2,002/mo payment rather than investor’s personal income.
Single Family
Built in 1962
1 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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