20201 Laurel RdSouth ChesterfieldVA23803
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 South Chesterfield at 20201 Laurel Rd, South Chesterfield, VA, 23803 uses $59,670 cash to close to unlock $6,516/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $881/mo payment keeps the spread at $543/mo. Purchase price stands at $180,000, and rental yield measures 10.79% with $1,619/mo rent. Return on cash invested shows 30.83% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 161.11% and total cumulative return in cash records $96,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.61 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hartwell Freeman • EXP Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2423755
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.