7178 Canopy CirNew KentVA23124
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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 New Kent at 7178 Canopy Cir, New Kent, VA, 23124 earns from $4,748/mo rent with a $5,506/mo payment. Total monthly income totals $4,748/mo. ROI tracks 13.86% on current figures, and rental yield reads 5.06% at a $1,124,900 purchase. Equity gained on principal adds $7,259/yr, and 5% annual appreciation supports $310,789 over five years. Five-year ROI reaches 70.03% and total cumulative return in cash sums $255,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,748/mo property income instead of your personal income.
Single Family
Built in 2021
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23124, New Kent, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,554 (100%) |
| Owner Occupied HU | 2,304 (90.2%) |
| Renter Occupied HU | 160 ( 6.3%) |
| Vacant Housing Units | 90 ( 3.5%) |
| Median Home Value | $390,446 |
| Average Home Value | $504,609 |
Housing Distribution
Address Breakdown
Residential
2,593
Single Family
2,593
Multi-Family
0
Businesses
115
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