Chatham Plan, Nantucket MewsRichmondVA23233
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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
Rental property for sale in Richmond at Chatham Plan, Nantucket Mews, Richmond, VA, 23233 priced at $849,900 pairs $3,840/mo rent with after a $4,160/mo payment. Total monthly income equals $3,840/mo. Return on cash invested is 14.74% in year one, and rental yield stands at 5.42% on a $849,900 basis. Equity gained on principal adds $5,484/yr, and 5% annual appreciation accumulates to $234,812 by year five. Five-year ROI measures 74.79% and total cumulative return in cash reaches $209,126. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23233, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 9,038 (66.1%) |
| Renter Occupied HU | 4,111 (30.1%) |
| Vacant Housing Units | 529 ( 3.9%) |
| Median Home Value | $551,395 |
| Average Home Value | $575,277 |
Housing Distribution
Address Breakdown
Residential
14,201
Single Family
11,282
Multi-Family
2,919
Businesses
975
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