7417 Hancock Towns CtChesterfieldVA23832
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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 Chesterfield at 7417 Hancock Towns Ct, Chesterfield, VA, 23832 earns $385/mo cash flow from $2,477/mo rent with a $1,713/mo payment. Total monthly income totals $2,477/mo, and annual cash flow totals $4,618/yr on $116,025 capital. ROI tracks 23.89% on current figures, and rental yield reads 8.49% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 123.9% and total cumulative return in cash sums $143,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,477/mo property income instead of your personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No 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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Listed by: James Strum • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2533776