4111 Williamson StChesapeakeVA23324
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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 Chesapeake at 4111 Williamson St, Chesapeake, VA, 23324 generates $1,431/mo in rent and, after a $879/mo payment, leaves $357/mo in cash flow. Total monthly income is $1,431/mo, and annual cash flow is $4,289/yr on $59,537 invested. Return on cash invested sits at 27.11% in year one, and rental yield is 9.56% on a $179,600 entry. Equity gained on principal adds $1,159/yr, while 5% annual appreciation builds toward $49,620 over five years. Five-year ROI reaches 141.25% and total cumulative return in cash sums $84,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23324, Chesapeake, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,683 (100%) |
| Owner Occupied HU | 5,387 (50.4%) |
| Renter Occupied HU | 4,662 (43.6%) |
| Vacant Housing Units | 634 ( 5.9%) |
| Median Home Value | $270,429 |
| Average Home Value | $314,214 |
Housing Distribution
Address Breakdown
Residential
9,692
Single Family
9,482
Multi-Family
210
Businesses
594
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Listed by: Katrina Ellis • CENTURY 21 Nachman Realty
Mls Name: REIN Inc.
Mls ID: #10606916