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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chesterfield at 9800 Candlelamp Ln, Chesterfield, VA, 23832 uses $124,313 cash to close to unlock $3,549/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $2,537/mo, and a $1,835/mo payment keeps the spread at $296/mo. Purchase price stands at $375,000, and rental yield measures 8.12% with $2,537/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash records $146,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1984
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 23832, Chesterfield, VA area.
| 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 |
Residential
15,761
Single Family
15,409
Multi-Family
352
Businesses
844
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $375,000 |
| 2024-07-01 | Sold | $262,000 |
| 2024-06-06 | Pending sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-21 | $2472.48 | 17.20% | $271,700 | 18.49% |
| 2022-11-21 | $2109.56 | 4.60% | $229,300 | 8.01% |
| 2021-11-21 | $2016.86 | 4.43% | $212,300 | 4.43% |
Listed by: Makary Zaki • First Choice Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2419624
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.
