0 Creekmore RdHenricoVA23238
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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 Henrico at 0 Creekmore Rd, Henrico, VA, 23238 priced at $250,000 converts $1,750/mo rent into $255/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,750/mo, and annual cash flow totals $3,062/yr on $82,875 invested. Return on cash invested prints 23.6% in year one, and rental yield reads 8.4% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 122.42% and total cumulative return in cash sums $101,458. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,750/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23238, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,096 (100%) |
| Owner Occupied HU | 7,702 (63.7%) |
| Renter Occupied HU | 3,836 (31.7%) |
| Vacant Housing Units | 558 ( 4.6%) |
| Median Home Value | $471,764 |
| Average Home Value | $590,169 |
Housing Distribution
Address Breakdown
Residential
12,931
Single Family
10,176
Multi-Family
2,755
Businesses
442
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