14124 Laketree 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 14124 Laketree Dr, Chester, VA, 23831 uses $127,462 cash to close to unlock $8,298/yr annual cash flow and $691/mo monthly cash flow. Total monthly income runs $2,990/mo, and a $1,882/mo payment keeps the spread at $691/mo. Purchase price stands at $384,500, and rental yield measures 9.33% with $2,990/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $106,230 over five years. Five-year ROI reaches 137.49% and total cumulative return in cash records $175,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,990/mo property income covering a $1,882/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.56 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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