2241 Early Settlers RdNorth ChesterfieldVA23235
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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 2241 Early Settlers Rd, North Chesterfield, VA, 23235 offers a 7.82% rental yield on a $389,999 purchase with $2,543/mo rent. Total monthly income registers $2,543/mo, and a $1,909/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,538/yr on $129,285 to close, and return on cash invested stands at 21.87% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 113.1% and total cumulative return in cash at $146,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,543/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23235, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,995 (100%) |
| Owner Occupied HU | 10,444 (69.6%) |
| Renter Occupied HU | 3,908 (26.1%) |
| Vacant Housing Units | 643 ( 4.3%) |
| Median Home Value | $376,617 |
| Average Home Value | $427,965 |
Housing Distribution
Address Breakdown
Residential
15,028
Single Family
12,970
Multi-Family
2,058
Businesses
2,098
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Listed by: Tabitha Zaun • Fine Creek Realty
Mls Name: CVRMLS
Mls ID: #2527403