Eden Cay Plan, Groves at New Kent RanchNew KentVA23124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Kent at Eden Cay Plan, Groves at New Kent Ranch, New Kent, VA, 23124 earns $498/mo cash flow from $2,836/mo rent with a $1,914/mo payment. Total monthly income totals $2,836/mo, and annual cash flow totals $5,981/yr on $129,613 capital. ROI tracks 24.52% on current figures, and rental yield reads 8.7% at a $390,990 purchase. Equity gained on principal adds $2,523/yr, and 5% annual appreciation supports $108,023 over five years. Five-year ROI reaches 127.32% and total cumulative return in cash sums $165,019. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,836/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23124, New Kent, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,554 (100%) |
| Owner Occupied HU | 2,304 (90.2%) |
| Renter Occupied HU | 160 ( 6.3%) |
| Vacant Housing Units | 90 ( 3.5%) |
| Median Home Value | $390,446 |
| Average Home Value | $504,609 |
Housing Distribution
Address Breakdown
Residential
2,593
Single Family
2,593
Multi-Family
0
Businesses
115
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