9620 Spring Run RdChesterfieldVA23832
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 Chesterfield at 9620 Spring Run Rd, Chesterfield, VA, 23832 earns $270/mo cash flow from $1,226/mo rent with a $783/mo payment. Total monthly income totals $1,226/mo, and annual cash flow totals $3,237/yr on $53,007 capital. ROI tracks 26.02% on current figures, and rental yield reads 9.2% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 135.32% and total cumulative return in cash sums $71,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.
Single Family
Built in 1983
2 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,761
Single Family
15,409
Multi-Family
352
Businesses
844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Small • ProFound Property Group LLC
Mls Name: CVRMLS
Mls ID: #2523408