8237 Silkwood DrMechanicsvilleVA23116
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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 8237 Silkwood Dr, Mechanicsville, VA, 23116 offers a 7.26% rental yield on a $529,000 purchase with $3,200/mo rent. Total monthly income registers $3,200/mo, and a $2,589/mo payment leaves $38/mo available for distribution. Annual cash flow reaches $455/yr on $174,041 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 104.74% and total cumulative return in cash at $182,285. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,200/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23116, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 10,975 (87.4%) |
| Renter Occupied HU | 1,271 (10.1%) |
| Vacant Housing Units | 318 ( 2.5%) |
| Median Home Value | $437,573 |
| Average Home Value | $466,521 |
Housing Distribution
Address Breakdown
Residential
12,986
Single Family
12,813
Multi-Family
173
Businesses
854
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Listed by: Eric McNeely • Napier REALTORS ERA
Mls Name: CVRMLS
Mls ID: #2526011