7876 Mint LnNorth ChesterfieldVA23237
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 North Chesterfield at 7876 Mint Ln, North Chesterfield, VA, 23237 at $325,000 posts ROI 29% with $816/mo cash flow from $2,909/mo rent. Total monthly income equals $2,909/mo, and annual cash flow records $9,791/yr on $107,738 to close. Return on cash invested measures 29% and rental yield reads 10.74% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 151.89% and total cumulative return in cash totals $163,645.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,909/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2018
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23237, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,717 (100%) |
| Owner Occupied HU | 6,858 (70.6%) |
| Renter Occupied HU | 2,645 (27.2%) |
| Vacant Housing Units | 214 ( 2.2%) |
| Median Home Value | $334,173 |
| Average Home Value | $350,422 |
Housing Distribution
Address Breakdown
Residential
10,115
Single Family
9,550
Multi-Family
565
Businesses
512
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Nearby investment properties with comparable prices
Listed by: Matt Cullather • Real Broker LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2426942
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.