8622 Rock Cedar RdNew 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 8622 Rock Cedar Rd, New Kent, VA, 23124 earns $446/mo cash flow from $2,836/mo rent with a $1,957/mo payment. Total monthly income totals $2,836/mo, and annual cash flow totals $5,349/yr on $132,567 capital. ROI tracks 23.94% on current figures, and rental yield reads 8.51% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 124.19% and total cumulative return in cash sums $164,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,836/mo property income instead of your personal income.
Single Family
Built in 2019
0.56 Acres 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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