1657 Forest Glenn CirChesterVA23836
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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 1657 Forest Glenn Cir, Chester, VA, 23836 uses $112,693 cash to close to unlock $4,989/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $2,448/mo, and a $1,664/mo payment keeps the spread at $416/mo. Purchase price stands at $339,950, and rental yield measures 8.64% with $2,448/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $93,922 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash records $142,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,448/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23836, Chester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,118 (100%) |
| Owner Occupied HU | 4,323 (70.7%) |
| Renter Occupied HU | 1,495 (24.4%) |
| Vacant Housing Units | 300 ( 4.9%) |
| Median Home Value | $422,943 |
| Average Home Value | $483,089 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
5,853
Multi-Family
318
Businesses
361
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