Preston Plan, Reserve at SummerfordChesterfieldVA23832
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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
Rental property for sale in Chesterfield at Preston Plan, Reserve at Summerford, Chesterfield, VA, 23832 offers $4,104/mo rent that, after a $3,377/mo payment. Total monthly income is $4,104/mo. Return on cash invested measures 19.95% in year one, and rental yield stands at 7.14% at a $689,999 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 102.76% and total cumulative return in cash reaches $233,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,104/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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: N/A • Richmond American Homes
Mls Name: Richmond Homes
Mls Provider:
Mls ID: #N/A