Columbia Plan, WellspringChesterVA23831
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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 Chester at Columbia Plan, Wellspring, Chester, VA, 23831 at $462,990 posts ROI 26.23% with $808/mo cash flow from $3,576/mo rent. Total monthly income equals $3,576/mo, and annual cash flow records $9,701/yr on $153,481 to close. Return on cash invested measures 26.23% and rental yield reads 9.27% at the current $462,990. Equity gained on principal adds $2,988/yr, and 5% annual appreciation supports $127,916 by year five. Five-year ROI prints 136.48% and total cumulative return in cash totals $209,464.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23831, Chester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,535 (100%) |
| Owner Occupied HU | 10,960 (66.3%) |
| Renter Occupied HU | 4,869 (29.4%) |
| Vacant Housing Units | 706 ( 4.3%) |
| Median Home Value | $358,137 |
| Average Home Value | $420,848 |
Housing Distribution
Address Breakdown
Residential
15,921
Single Family
14,051
Multi-Family
1,870
Businesses
1,142
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