Pine Plan, Arbors at Farms of New KentNew KentVA23124
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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 New Kent at Pine Plan, Arbors at Farms of New Kent, New Kent, VA, 23124 offers a 7.68% rental yield on a $442,990 purchase with $2,836/mo rent. Total monthly income registers $2,836/mo, and a $2,168/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,257/yr on $146,851 to close, and return on cash invested stands at 21.45% in year one. Equity gained on principal adds $2,859/yr while 5% annual appreciation supports $122,390 over five years. Portfolio math shows five-year ROI at 110.82% and total cumulative return in cash at $162,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,836/mo property income against a $2,168/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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