7356 Sandy LnMechanicsvilleVA23111
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 Mechanicsville at 7356 Sandy Ln, Mechanicsville, VA, 23111 offers a 7.91% rental yield on a $365,000 purchase with $2,406/mo rent. Total monthly income registers $2,406/mo, and a $1,786/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,695/yr on $120,998 to close, and return on cash invested stands at 22.14% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 114.51% and total cumulative return in cash at $138,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,406/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kareen Edwards • Fathom Realty Virginia
Mls Name: CVRMLS
Mls ID: #2529811