5001 Niles RdNorth ChesterfieldVA23234
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
Investment property for sale in North Chesterfield at 5001 Niles Rd, North Chesterfield, VA, 23234 at $409,950 posts ROI 27.05% with $809/mo cash flow from $3,289/mo rent. Total monthly income equals $3,289/mo, and annual cash flow records $9,706/yr on $135,898 to close. Return on cash invested measures 27.05% and rental yield reads 9.63% at the current $409,950. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,262 by year five. Five-year ROI prints 140.95% and total cumulative return in cash totals $191,552.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,289/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23234, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,681 (100%) |
| Owner Occupied HU | 10,172 (54.5%) |
| Renter Occupied HU | 7,538 (40.4%) |
| Vacant Housing Units | 971 ( 5.2%) |
| Median Home Value | $316,894 |
| Average Home Value | $348,315 |
Housing Distribution
Address Breakdown
Residential
18,357
Single Family
16,954
Multi-Family
1,403
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vito Bussa • Real Broker LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2426175
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 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.