8672 Hope Farm LnMechanicsvilleVA23111
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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 8672 Hope Farm Ln, Mechanicsville, VA, 23111 with 5% annual appreciation on a $463,966 basis while $3,094/mo rent supports operations. Total monthly income totals $3,094/mo and a $2,271/mo payment preserves $320/mo for cash returns. Annual cash flow comes to $3,844/yr on $153,805 deployed, and return on cash invested reaches 22.41% in year one. Equity gained on principal adds $2,994/yr, and five-year appreciation sums $128,185 alongside rental yield of 8%. Five-year ROI measures 115.97% and total cumulative return in cash totals $178,367.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,094/mo property income versus a $2,271/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23111, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,493 (100%) |
| Owner Occupied HU | 12,596 (76.4%) |
| Renter Occupied HU | 3,426 (20.8%) |
| Vacant Housing Units | 471 ( 2.9%) |
| Median Home Value | $366,412 |
| Average Home Value | $402,769 |
Housing Distribution
Address Breakdown
Residential
15,741
Single Family
14,906
Multi-Family
835
Businesses
1,070
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Listed by: Lindsay Price • Eagle Construction of VA, LLC
Mls Name: Eagle Construction
Mls Provider:
Mls ID: #N/A