208 Chasnell RdNorth 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
Investment property for sale in North Chesterfield at 208 Chasnell Rd, North Chesterfield, VA, 23236 offers a 9.89% rental yield on a $360,000 purchase with $2,968/mo rent. Total monthly income registers $2,968/mo, and a $1,762/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,792/yr on $119,340 to close, and return on cash invested stands at 28.11% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 146.55% and total cumulative return in cash at $174,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,968/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.45 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: Natasha Godsey • Samson Properties
Mls Name: CVRMLS
Mls ID: #2532163