7405 Washington Arch DrMechanicsvilleVA23111
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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 7405 Washington Arch Dr, Mechanicsville, VA, 23111 uses $116,025 cash to close to unlock $8,506/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $2,801/mo, and a $1,713/mo payment keeps the spread at $709/mo. Purchase price stands at $350,000, and rental yield measures 9.6% with $2,801/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 141.88% and total cumulative return in cash records $164,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,801/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 2013
2,003 sqft 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: Courtney Gilmer • Oakstone Properties
Mls Name: CVRMLS
Mls ID: #2525172