8743 Centerline DrChesterfieldVA23832
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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 Chesterfield at 8743 Centerline Dr, Chesterfield, VA, 23832 listed at $578,590 pairs $3,690/mo rent with a $2,832/mo payment to leave $231/mo cash flow. Total monthly income runs $3,690/mo, and annual cash flow reaches $2,774/yr on $190,356 cash to close. Return on cash invested measures 21.52% in year one, and rental yield registers 7.65% at a $578,590 basis. Equity gained on principal adds $3,734/yr, and annual property appreciation at 5% supports $159,854 by year five. Five-year ROI tracks 111.17% and total cumulative return in cash totals $211,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,690/mo property income relative to a $2,832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23832, Chesterfield, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,674 (100%) |
| Owner Occupied HU | 12,960 (82.7%) |
| Renter Occupied HU | 2,359 (15.1%) |
| Vacant Housing Units | 355 ( 2.3%) |
| Median Home Value | $387,676 |
| Average Home Value | $419,762 |
Housing Distribution
Address Breakdown
Residential
15,761
Single Family
15,409
Multi-Family
352
Businesses
844
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Listed by: Gary Martin • Providence Hill Real Estate
Mls Name: CVRMLS
Mls ID: #2532969