1802 Stonecrest CtNorth ChesterfieldVA23236
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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 North Chesterfield at 1802 Stonecrest Ct, North Chesterfield, VA, 23236 generates $3,680/mo in rent and, after a $2,447/mo payment, leaves $691/mo in cash flow. Total monthly income is $3,680/mo, and annual cash flow is $8,296/yr on $165,750 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 8.83% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 129.42% and total cumulative return in cash sums $214,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23236, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,703 (85.7%) |
| Renter Occupied HU | 1,337 (11.8%) |
| Vacant Housing Units | 288 ( 2.5%) |
| Median Home Value | $372,797 |
| Average Home Value | $437,998 |
Housing Distribution
Address Breakdown
Residential
11,090
Single Family
10,807
Multi-Family
283
Businesses
1,046
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Listed by: James Strum • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2519411