8720 Terroir Lane Plan, ViniterraNew 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
Rental property for sale in New Kent at 8720 Terroir Lane Plan, Viniterra, New Kent, VA, 23124 generates $3,776/mo in rent, after a $3,201/mo payment. Total monthly income is $3,776/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 6.93% on a $654,000 entry. Equity gained on principal adds $4,220/yr, while 5% annual appreciation builds toward $180,688 over five years. Five-year ROI reaches 99.35% and total cumulative return in cash sums $213,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,776/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A 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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