4280 Laurel Oak RdNorth ChesterfieldVA23237
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 4280 Laurel Oak Rd, North Chesterfield, VA, 23237 generates $2,370/mo in rent and, after a $1,444/mo payment, leaves $606/mo in cash flow. Total monthly income is $2,370/mo, and annual cash flow is $7,277/yr on $97,793 invested. Return on cash invested sits at 27.35% in year one, and rental yield is 9.64% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 142.5% and total cumulative return in cash sums $139,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,370/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23237, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,717 (100%) |
| Owner Occupied HU | 6,858 (70.6%) |
| Renter Occupied HU | 2,645 (27.2%) |
| Vacant Housing Units | 214 ( 2.2%) |
| Median Home Value | $334,173 |
| Average Home Value | $350,422 |
Housing Distribution
Address Breakdown
Residential
10,115
Single Family
9,550
Multi-Family
565
Businesses
512
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Nearby investment properties with comparable prices
Listed by: Jasmine Booker • Timeless Realty Company
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2522822
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.