The Ruby Plan, Greenwich Walk Elevator Condos 55 PlusChesterfieldVA23120
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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 The Ruby Plan, Greenwich Walk Elevator Condos 55 Plus, Chesterfield, VA, 23120 priced at $349,990 pairs $2,705/mo rent with $613/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,705/mo, and annual cash flow comes to $7,354/yr on $116,022 invested. Return on cash invested is 26.25% in year one, and rental yield stands at 9.27% on a $349,990 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,696 by year five. Five-year ROI measures 136.56% and total cumulative return in cash reaches $158,435. For financing, Ziffy Mortgage’s DSCR program evaluates $2,705/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23120, Moseley, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,429 (100%) |
| Owner Occupied HU | 4,753 (87.5%) |
| Renter Occupied HU | 535 ( 9.9%) |
| Vacant Housing Units | 141 ( 2.6%) |
| Median Home Value | $564,030 |
| Average Home Value | $578,969 |
Housing Distribution
Address Breakdown
Residential
6,308
Single Family
6,308
Multi-Family
0
Businesses
103
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A