9709 Kerwin RdNorth 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
Investment property for sale in North Chesterfield at 9709 Kerwin Rd, North Chesterfield, VA, 23237 earns $809/mo cash flow from $2,321/mo rent with a $1,238/mo payment. Total monthly income totals $2,321/mo, and annual cash flow totals $9,707/yr on $83,870 capital. ROI tracks 31.48% on current figures, and rental yield reads 11.01% at a $253,000 purchase. Equity gained on principal adds $1,633/yr, and 5% annual appreciation supports $69,899 over five years. Five-year ROI reaches 164.6% and total cumulative return in cash sums $138,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,321/mo property income instead of your personal income.
Single Family
Built in 1963
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
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Listed by: Joy Harris-Cobb • Harris & Assoc, Inc
Mls Name: CVRMLS
Mls ID: #2526371