14435 Hancock Towns DrChesterfieldVA23832
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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 14435 Hancock Towns Dr, Chesterfield, VA, 23832 uses $132,269 cash to close to unlock $1,833/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $2,538/mo, and a $1,953/mo payment keeps the spread at $153/mo. Purchase price stands at $399,000, and rental yield measures 7.63% with $2,538/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 110% and total cumulative return in cash records $145,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,538/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23832, Chesterfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,674 (100%) |
| Owner Occupied HU | 12,960 (82.7%) |
| Renter Occupied HU | 2,359 (15.1%) |
| Vacant Housing Units | 355 ( 2.3%) |
| Median Home Value | $387,676 |
| Average Home Value | $419,762 |
Housing Distribution
Address Breakdown
Residential
15,761
Single Family
15,409
Multi-Family
352
Businesses
844
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Listed by: Melissa Karlson • Real Broker LLC
Mls Name: CVRMLS
Mls ID: #2524821