Monet Plan, Moore's LakeChesterVA23831
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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 Monet Plan, Moore's Lake, Chester, VA, 23831 listed at $319,990 pairs $1,980/mo rent with a $1,566/mo payment to leave $67/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $808/yr on $106,077 cash to close. Return on cash invested measures 20.67% in year one, and rental yield registers 7.43% at a $319,990 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,407 by year five. Five-year ROI tracks 106.67% and total cumulative return in cash totals $113,148. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
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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