9451 Doral PlMechanicsvilleVA23116
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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 Mechanicsville at 9451 Doral Pl, Mechanicsville, VA, 23116 offers a 8.08% rental yield on a $449,500 purchase with $3,026/mo rent. Total monthly income registers $3,026/mo, and a $2,200/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,939/yr on $149,009 to close, and return on cash invested stands at 22.55% in year one. Equity gained on principal adds $2,901/yr while 5% annual appreciation supports $124,189 over five years. Portfolio math shows five-year ROI at 116.79% and total cumulative return in cash at $174,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,026/mo property income against a $2,200/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
8,929 sqft lot
$N/A/sqft
$130 annually 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
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Listed by: Terri Hunt • ERA Woody Hogg & Assoc
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2423745
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.