20000 Oak River DrSouth ChesterfieldVA23803
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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 South Chesterfield at 20000 Oak River Dr, South Chesterfield, VA, 23803 listed at $599,950 pairs $3,797/mo rent with a $2,936/mo payment to leave $211/mo cash flow. Total monthly income runs $3,797/mo, and annual cash flow reaches $2,533/yr on $197,384 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 7.59% at a $599,950 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,755 by year five. Five-year ROI tracks 110.24% and total cumulative return in cash totals $217,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,797/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23803, Petersburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,617 (100%) |
| Owner Occupied HU | 9,006 (43.7%) |
| Renter Occupied HU | 9,090 (44.1%) |
| Vacant Housing Units | 2,521 (12.2%) |
| Median Home Value | $254,043 |
| Average Home Value | $308,082 |
Housing Distribution
Address Breakdown
Residential
19,287
Single Family
16,903
Multi-Family
2,384
Businesses
1,055
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Listed by: Breana Beauford • The Hogan Group Real Estate
Mls Name: CVRMLS
Mls ID: #2517639