Raleigh Plan, The Overlook at Hancock VillageChesterfieldVA23832
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
Rental property for sale in Chesterfield at Raleigh Plan, The Overlook at Hancock Village, Chesterfield, VA, 23832 offers $2,640/mo rent that, after a $1,737/mo payment, leaves $519/mo cash flow. Total monthly income is $2,640/mo, and annual cash flow is $6,224/yr on $117,616 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 8.93% at a $354,800 entry. Equity gained on principal adds $2,289/yr while 5% annual appreciation compounds into $98,025 by year five. Five-year ROI records 130.94% and total cumulative return in cash reaches $154,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $1,737/mo payment rather than borrower’s personal income verification through 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: 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • StyleCraft Homes
Mls Name: StyleCraft Homes
Mls ID: #N/A