231 White Sand CtColonial HeightsVA23834
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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 Colonial Heights at 231 White Sand Ct, Colonial Heights, VA, 23834 uses $183,253 cash to close to unlock $6,347/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $3,966/mo, and a $2,726/mo payment keeps the spread at $529/mo. Purchase price stands at $557,000, and rental yield measures 8.54% with $3,966/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $153,889 over five years. Five-year ROI reaches 122.16% and total cumulative return in cash records $223,859. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,966/mo property income covering a $2,726/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.26 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23834, Colonial Heights, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,589 (64.7%) |
| Renter Occupied HU | 3,580 (30.5%) |
| Vacant Housing Units | 553 ( 4.7%) |
| Median Home Value | $282,958 |
| Average Home Value | $320,515 |
Housing Distribution
Address Breakdown
Residential
10,969
Single Family
10,865
Multi-Family
104
Businesses
1,263
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Listed by: Joo Lee • Virginia Capital Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2519581
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 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.