1774 Outrigger DrChesterVA23836
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 Chester at 1774 Outrigger Dr, Chester, VA, 23836 offers a 7.38% rental yield on a $549,990 purchase with $3,382/mo rent. 37% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,952 over five years. Portfolio math shows five-year ROI at 100.11% and total cumulative return in cash at $181,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,382/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,490 sqft lot
$N/A/sqft
$199 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Sebrell • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2417919
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.