7869 Faisan 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 7869 Faisan Ln, New Kent, VA, 23124 uses $144,169 cash to close to unlock $5,446/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $3,054/mo, and a $2,129/mo payment keeps the spread at $454/mo. Purchase price stands at $434,900, and rental yield measures 8.43% with $3,054/mo rent. Return on cash invested shows 23.69% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 122.83% and total cumulative return in cash records $177,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,054/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 2021
7,405 sqft 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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