515 Ruthers RdNorth ChesterfieldVA23235
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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 North Chesterfield at 515 Ruthers Rd, North Chesterfield, VA, 23235 offers $2,273/mo rent that, after a $1,297/mo payment, leaves $689/mo cash flow. Total monthly income is $2,273/mo, and annual cash flow is $8,267/yr on $87,848 cash. Return on cash invested measures 29.32% in year one, and rental yield stands at 10.29% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 153.02% and total cumulative return in cash reaches $134,427. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,273/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23235, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,995 (100%) |
| Owner Occupied HU | 10,444 (69.6%) |
| Renter Occupied HU | 3,908 (26.1%) |
| Vacant Housing Units | 643 ( 4.3%) |
| Median Home Value | $376,617 |
| Average Home Value | $427,965 |
Housing Distribution
Address Breakdown
Residential
15,028
Single Family
12,970
Multi-Family
2,058
Businesses
2,098
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Listed by: Shana Bloom • Bloom Real Estate
Mls Name: CVRMLS
Mls ID: #2600967