2608 Dovershire RdNorth ChesterfieldVA23235
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
Rental property for sale in North Chesterfield at 2608 Dovershire Rd, North Chesterfield, VA, 23235 generates $2,914/mo in rent, after a $2,565/mo payment. Total monthly income is $2,914/mo. Return on cash invested sits at 18.54% in year one, and rental yield is 6.67% on a $524,000 entry. Equity gained on principal adds $3,381/yr, while 5% annual appreciation builds toward $144,772 over five years. Five-year ROI reaches 95.2% and total cumulative return in cash sums $164,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,914/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Crevier-Kent • Cottage Street Realty LLC
Mls Name: CVRMLS
Mls ID: #2601031