3 Shirley Commons PlNew KentVA23140
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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
Rental property for sale in New Kent at 3 Shirley Commons Pl, New Kent, VA, 23140 offers $3,480/mo rent that, after a $4,111/mo payment. Total monthly income is $3,480/mo. Return on cash invested measures 13.37% in year one, and rental yield stands at 4.97% at a $839,950 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,063 by year five. Five-year ROI records 67.47% and total cumulative return in cash reaches $186,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,480/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23140, Providence Forge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 2,202 (82.6%) |
| Renter Occupied HU | 312 (11.7%) |
| Vacant Housing Units | 151 ( 5.7%) |
| Median Home Value | $418,526 |
| Average Home Value | $428,198 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,765
Multi-Family
0
Businesses
156
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