5059 River Rd W, Goochland, VA, 23063 | 6.35% Rental Yield

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5059 River Rd W, Goochland, VA, 23063 | 6.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Goochland at 5059 River Rd W, Goochland, VA, 23063 generates $2,059/mo in rent, after a $1,904/mo payment. Total monthly income is $2,059/mo. Return on cash invested sits at 17.43% in year one, and rental yield is 6.35% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 89.28% and total cumulative return in cash sums $115,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,059/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

1.78 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your brand-new contemporary home in Goochland County, offering 2 bedrooms, 2 baths, and 1,150 sq. ft. of fresh, move-in-ready living space. Come inside and feel the openness of the vaulted ceilings, where natural light pours in and the airy open floor plan invites you to linger. At the heart of the home, the kitchen showcases granite counters, sleek cabinetry, stainless steel appliances, and a large islandperfect for gathering. A specially designed location for a wood stove allows warmth to rise into the vaulted ceiling, heating the entire home with ease. Both bedrooms offer comfortable, private retreats, while each bath is finished with a crisp, modern style. Every detail has been thoughtfully designed so you can unpack and enjoy from day one. Outside, the sizeable lot offers far more than meets the eye, extending to a cleared area framed by an abundance of wood on the land with space where trees can be cleared to suit your plans. A peaceful little creek runs through the back, and theres plenty of space to easily build a garage or workshop. The gravel drive provides ample parking, and the location just off Route 6 gives you easy access to Goochland and beyond. Estimated completion date: September 15, 2025. Schedule your showing today and start envisioning your new home and all the possibilities this property offers! Some photos are virtually staged.

Neighborhood Data

Neighborhood data shown for ZIP Code: 23063, Goochland, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,398 (100%)
Owner Occupied HU	1,897 (79.1%)
Renter Occupied HU	311 (13.0%)
Vacant Housing Units	190 ( 7.9%)
Median Home Value	$369,325
Average Home Value	$426,061