Hanover Plan, Arbors at Farms of New KentNew 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 Hanover Plan, Arbors at Farms of New Kent, New Kent, VA, 23124 at $487,990 posts ROI 24.58% with $630/mo cash flow from $3,547/mo rent. Total monthly income equals $3,547/mo, and annual cash flow records $7,564/yr on $161,769 to close. Return on cash invested measures 24.58% and rental yield reads 8.72% at the current $487,990. Equity gained on principal adds $3,149/yr, and 5% annual appreciation supports $134,823 by year five. Five-year ROI prints 127.65% and total cumulative return in cash totals $206,501.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,547/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
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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