Lancaster Plan, Harpers Mill - FawnwoodChesterfieldVA23832
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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
Total monthly income is $4,392/mo, and annual cash flow is $339/yr on $240,154 cash. Return on cash invested measures 20.2% in year one, and rental yield stands at 7.22% at a $729,950 entry. Equity gained on principal adds $4,710/yr while 5% annual appreciation compounds into $201,672 by year five. Five-year ROI records 104.11% and total cumulative return in cash reaches $250,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,392/mo property income versus a $3,573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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: Sean Tierney • Main Street Homes
Mls Name: Main Street Homes
Mls Provider:
Mls ID: #N/A