6097 Homehills RdMechanicsvilleVA23111
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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 Mechanicsville at 6097 Homehills Rd, Mechanicsville, VA, 23111 earns $647/mo cash flow from $3,331/mo rent with a $2,198/mo payment. Total monthly income totals $3,331/mo, and annual cash flow totals $7,759/yr on $148,844 capital. ROI tracks 25.12% on current figures, and rental yield reads 8.9% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 130.52% and total cumulative return in cash sums $194,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,331/mo property income instead of your personal income.
Single Family
Built in 1997
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23111, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,493 (100%) |
| Owner Occupied HU | 12,596 (76.4%) |
| Renter Occupied HU | 3,426 (20.8%) |
| Vacant Housing Units | 471 ( 2.9%) |
| Median Home Value | $366,412 |
| Average Home Value | $402,769 |
Housing Distribution
Address Breakdown
Residential
15,741
Single Family
14,906
Multi-Family
835
Businesses
1,070
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Listed by: Lee Ann Ashby • First Choice Realty
Mls Name: CVRMLS
Mls ID: #2530534