9909 Krause RdChesterfieldVA23832
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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 Chesterfield at 9909 Krause Rd, Chesterfield, VA, 23832 uses $81,218 cash to close to unlock $8,851/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,202/mo, and a $1,199/mo payment keeps the spread at $738/mo. Purchase price stands at $245,000, and rental yield measures 10.79% with $2,202/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 161.02% and total cumulative return in cash records $130,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,202/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.28 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
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Listed by: Kim Dalton • River's Edge Property Mgmnt
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2429275
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.