9322 Ravensworth CtMechanicsvilleVA23116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9322 Ravensworth Ct, Mechanicsville, VA, 23116 uses $162,435 cash to close to unlock $1,346/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $3,041/mo, and a $2,398/mo payment keeps the spread at $112/mo. Purchase price stands at $490,000, and rental yield measures 7.45% with $3,041/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 107.03% and total cumulative return in cash records $173,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,041/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23116, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 10,975 (87.4%) |
| Renter Occupied HU | 1,271 (10.1%) |
| Vacant Housing Units | 318 ( 2.5%) |
| Median Home Value | $437,573 |
| Average Home Value | $466,521 |
Housing Distribution
Address Breakdown
Residential
12,986
Single Family
12,813
Multi-Family
173
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kendal Davenport • The Hogan Group Real Estate
Mls Name: CVRMLS
Mls ID: #2527878