7711 Baron Berkley LnNew 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 7711 Baron Berkley Ln, New Kent, VA, 23124 offers a 10.98% rental yield on a $309,990 purchase with $2,836/mo rent. Total monthly income registers $2,836/mo, and a $1,517/mo payment leaves $983/mo available for distribution. Annual cash flow reaches $11,798/yr on $102,762 to close, and return on cash invested stands at 31.39% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,645 over five years. Portfolio math shows five-year ROI at 164.15% and total cumulative return in cash at $168,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,836/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A 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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