1433 Chalk Level RdChathamVA24531
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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
Rental property for sale in Chatham at 1433 Chalk Level Rd, Chatham, VA, 24531 priced at $267,100 converts $1,970/mo rent into $374/mo cash flow after a $1,307/mo obligation. Total monthly income equals $1,970/mo, and annual cash flow totals $4,484/yr on $88,544 invested. Return on cash invested prints 24.97% in year one, and rental yield reads 8.85% against a $267,100 entry. Equity gained on principal adds $1,724/yr, while 5% annual appreciation compiles into $73,795 by year five. Five-year ROI reaches 129.73% and total cumulative return in cash sums $114,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,970/mo property income covering a $1,307/mo payment, not borrower’s personal income.
Single Family
Built in 1947
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24531, Chatham, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,034 (100%) |
| Owner Occupied HU | 2,489 (61.7%) |
| Renter Occupied HU | 827 (20.5%) |
| Vacant Housing Units | 718 (17.8%) |
| Median Home Value | $171,766 |
| Average Home Value | $204,057 |
Housing Distribution
Address Breakdown
Residential
3,424
Single Family
3,424
Multi-Family
0
Businesses
313
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