15619 Devlin DrChesterfieldVA23838
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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 Chesterfield at 15619 Devlin Dr, Chesterfield, VA, 23838 generates $2,698/mo in rent and, after a $1,958/mo payment, leaves $307/mo in cash flow. Total monthly income is $2,698/mo, and annual cash flow is $3,681/yr on $132,583 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 8.1% on a $399,950 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,499 over five years. Five-year ROI reaches 117.44% and total cumulative return in cash sums $155,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,698/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1.38 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
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Listed by: Brian Lohrey • Virginia Capital Realty
Mls Name: CVRMLS
Mls ID: #2532161