5636 Benika DrNorth ChesterfieldVA23234
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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
Investment property for sale in North Chesterfield at 5636 Benika Dr, North Chesterfield, VA, 23234 offers a 10.06% rental yield on a $200,000 purchase with $1,676/mo rent. Total monthly income registers $1,676/mo, and a $979/mo payment leaves $480/mo available for distribution. Annual cash flow reaches $5,764/yr on $66,300 to close, and return on cash invested stands at 28.6% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 149.22% and total cumulative return in cash at $98,936. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,676/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,802 sqft 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
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Listed by: Heather Valentine • Valentine Properties
Mls Name: CVRMLS
Mls ID: #2521320