5618 Burnage CtChesterfieldVA23832
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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 Chesterfield at 5618 Burnage Ct, Chesterfield, VA, 23832 generates $3,295/mo in rent and, after a $2,295/mo payment, leaves $492/mo in cash flow. Total monthly income is $3,295/mo, and annual cash flow is $5,904/yr on $155,457 invested. Return on cash invested sits at 23.71% in year one, and rental yield is 8.43% on a $468,950 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,562 over five years. Five-year ROI reaches 122.91% and total cumulative return in cash sums $191,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,295/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23832, Chesterfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,674 (100%) |
| Owner Occupied HU | 12,960 (82.7%) |
| Renter Occupied HU | 2,359 (15.1%) |
| Vacant Housing Units | 355 ( 2.3%) |
| Median Home Value | $387,676 |
| Average Home Value | $419,762 |
Housing Distribution
Address Breakdown
Residential
15,761
Single Family
15,409
Multi-Family
352
Businesses
844
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Listed by: Bill Watson • Boyd Realty Group
Mls Name: CVRMLS
Mls ID: #2525808