The James Plan, Shady Grove ParkMechanicsvilleVA23116
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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 Mechanicsville at The James Plan, Shady Grove Park, Mechanicsville, VA, 23116 priced at $637,900 pairs $3,638/mo rent with after a $3,122/mo payment. Total monthly income equals $3,638/mo. Return on cash invested is 18.87% in year one, and rental yield stands at 6.84% on a $637,900 basis. Equity gained on principal adds $4,116/yr, and 5% annual appreciation accumulates to $176,240 by year five. Five-year ROI measures 97.02% and total cumulative return in cash reaches $203,623. For financing, Ziffy Mortgage’s DSCR program evaluates $3,638/mo property income against a $3,122/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23116, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,564 (100%) |
| Owner Occupied HU | 10,975 (87.4%) |
| Renter Occupied HU | 1,271 (10.1%) |
| Vacant Housing Units | 318 ( 2.5%) |
| Median Home Value | $437,573 |
| Average Home Value | $466,521 |
Housing Distribution
Address Breakdown
Residential
12,986
Single Family
12,813
Multi-Family
173
Businesses
854
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Listed by: N/A • RCI Builders
Mls Name: RCI Builders
Mls Provider:
Mls ID: #N/A