9525 Alfaree RdNorth ChesterfieldVA23237
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 North Chesterfield at 9525 Alfaree Rd, North Chesterfield, VA, 23237 listed at $380,000 pairs $2,962/mo rent with a $1,860/mo payment to leave $690/mo cash flow. Total monthly income runs $2,962/mo, and annual cash flow reaches $8,284/yr on $125,970 cash to close. Return on cash invested measures 26.49% in year one, and rental yield registers 9.35% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 137.85% and total cumulative return in cash totals $173,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,962/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.47 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Byers • Weichert Brockwell & Associate
Mls Name: CVRMLS
Mls ID: #2530961