9423 Hilda AveNorth ChesterfieldVA23237
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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 North Chesterfield at 9423 Hilda Ave, North Chesterfield, VA, 23237 generates $2,578/mo in rent and, after a $1,454/mo payment, leaves $802/mo in cash flow. Total monthly income is $2,578/mo, and annual cash flow is $9,627/yr on $98,456 invested. Return on cash invested sits at 29.69% in year one, and rental yield is 10.42% on a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 155.03% and total cumulative return in cash sums $152,634. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,578/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23237, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,717 (100%) |
| Owner Occupied HU | 6,858 (70.6%) |
| Renter Occupied HU | 2,645 (27.2%) |
| Vacant Housing Units | 214 ( 2.2%) |
| Median Home Value | $334,173 |
| Average Home Value | $350,422 |
Housing Distribution
Address Breakdown
Residential
10,115
Single Family
9,550
Multi-Family
565
Businesses
512
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Listed by: Beth Kane • Virginia Capital Realty
Mls Name: CVRMLS
Mls ID: #2523066