8824 Farthing Dr, Chesterfield, VA, 23832 | 7.13% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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8824 Farthing Dr, Chesterfield, VA, 23832 | 7.13% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chesterfield at 8824 Farthing Dr, Chesterfield, VA, 23832 priced at $620,990 converts $3,690/mo rent into after a $3,039/mo obligation. Total monthly income equals $3,690/mo. Return on cash invested prints 19.93% in year one, and rental yield reads 7.13% against a $620,990 entry. Equity gained on principal adds $4,007/yr, while 5% annual appreciation compiles into $171,568 by year five. Five-year ROI reaches 102.66% and total cumulative return in cash sums $209,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,690/mo property income covering a $3,039/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the 2848 sq ft Hadley model, featuring a modern open-concept living space designed for ultimate comfort and versatility. The main level boasts a spacious great room, a bright sunroom, and a generous casual dining area. The kitchen is perfect for any home chef, complete with a large center island, walk-in pantry, and plenty of counter space for all your culinary needs. The flex room offers the perfect space for a home office, playroom, or additional living area, while the full bedroom and bathroom on the main floor provide convenience for guests or multi-generational living. Upstairs, an additional living space provides even more flexibility, making it ideal for a media room, study area, or second living room. The primary suite is a true retreat, featuring a large walk-in closet and a luxurious bathroom with separate vanities and a private water closet. The second floor also includes a laundry room, a full bathroom, and two additional bedrooms, offering ample space for family and guests. The Hadley model offers the perfect live-play-work home, providing a balance of modern design and flexible living spaces that can be tailored to your family's needs.

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