3100 Old Church RdMechanicsvilleVA23111
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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
Investment property for sale in Mechanicsville at 3100 Old Church Rd, Mechanicsville, VA, 23111 listed at $1,301,454 pairs $3,060/mo rent with a $6,370/mo payment. Total monthly income runs $3,060/mo. Return on cash invested measures 6.94% in year one, and rental yield registers 2.82% at a $1,301,454 basis. Equity gained on principal adds $8,398/yr, and annual property appreciation at 5% supports $359,568 by year five. Five-year ROI tracks 32.91% and total cumulative return in cash totals $138,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $6,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23111, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,493 (100%) |
| Owner Occupied HU | 12,596 (76.4%) |
| Renter Occupied HU | 3,426 (20.8%) |
| Vacant Housing Units | 471 ( 2.9%) |
| Median Home Value | $366,412 |
| Average Home Value | $402,769 |
Housing Distribution
Address Breakdown
Residential
15,741
Single Family
14,906
Multi-Family
835
Businesses
1,070
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Listed by: Kaitlyn Gwaltney • Hometown Realty
Mls Name: CVRMLS
Mls ID: #2527225