8595 Leanne LnMechanicsvilleVA23116
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 Mechanicsville at 8595 Leanne Ln, Mechanicsville, VA, 23116 at $585,750 posts ROI 21.21% with $185/mo cash flow from $3,720/mo rent. Total monthly income equals $3,720/mo, and annual cash flow records $2,221/yr on $192,712 to close. Return on cash invested measures 21.21% and rental yield reads 7.62% at the current $585,750. Equity gained on principal adds $3,780/yr, and 5% annual appreciation supports $161,832 by year five. Five-year ROI prints 109.61% and total cumulative return in cash totals $211,238.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
N/A lot
$N/A/sqft
$400 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua White • Hometown Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2417663
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.