1793 Outrigger DrChesterVA23836
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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 1793 Outrigger Dr, Chester, VA, 23836 offers a 7.64% rental yield on a $509,900 purchase with $3,247/mo rent. Total monthly income registers $3,247/mo, and a $2,496/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,383/yr on $167,757 to close, and return on cash invested stands at 21.48% in year one. Equity gained on principal adds $3,290/yr while 5% annual appreciation supports $140,876 over five years. Portfolio math shows five-year ROI at 110.97% and total cumulative return in cash at $186,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,247/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,503 sqft 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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