6931 Lake Caroline DrChesterfieldVA23832
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chesterfield at 6931 Lake Caroline Dr, Chesterfield, VA, 23832 at $424,950 posts ROI 26.44% with $767/mo cash flow from $3,337/mo rent. Total monthly income equals $3,337/mo, and annual cash flow records $9,207/yr on $140,871 to close. Return on cash invested measures 26.44% and rental yield reads 9.42% at the current $424,950. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,406 by year five. Five-year ROI prints 137.73% and total cumulative return in cash totals $194,017.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,337/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.51 Acres lot
$N/A/sqft
$145 annually 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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Nearby investment properties with comparable prices
Listed by: Adam Carpenter • NextHome Advantage
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2425118
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.