6310 Falling Water CtMechanicsvilleVA23111
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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 6310 Falling Water Ct, Mechanicsville, VA, 23111 listed at $442,950 pairs $3,060/mo rent with a $2,168/mo payment to leave $350/mo cash flow. Total monthly income runs $3,060/mo, and annual cash flow reaches $4,206/yr on $146,838 cash to close. Return on cash invested measures 22.77% in year one, and rental yield registers 8.29% at a $442,950 basis. Equity gained on principal adds $2,858/yr, and annual property appreciation at 5% supports $122,379 by year five. Five-year ROI tracks 118.11% and total cumulative return in cash totals $173,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $2,168/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.28 Acres lot
$N/A/sqft
$185 quarterly 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: Damien Cummings • 757 Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2420197
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.