14811 N Ivey Mill RdChesterfieldVA23838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 14811 N Ivey Mill Rd, Chesterfield, VA, 23838 uses $160,778 cash to close to unlock $11,335/yr annual cash flow and $945/mo monthly cash flow. Total monthly income runs $3,844/mo, and a $2,374/mo payment keeps the spread at $945/mo. Purchase price stands at $485,000, and rental yield measures 9.51% with $3,844/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 140.38% and total cumulative return in cash records $225,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,844/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1989
1.48 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Owens • RE/MAX Commonwealth
Mls Name: CVRMLS
Mls ID: #2524354