10022 Joppa PlHenricoVA23233
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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
Investment property for sale in Henrico at 10022 Joppa Pl, Henrico, VA, 23233 earns $542/mo cash flow from $2,425/mo rent with a $1,542/mo payment. Total monthly income totals $2,425/mo, and annual cash flow totals $6,501/yr on $104,423 capital. ROI tracks 26.13% on current figures, and rental yield reads 9.24% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 135.96% and total cumulative return in cash sums $141,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,425/mo property income instead of your personal income.
Townhouse
Built in 1983
2,334 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23233, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 9,038 (66.1%) |
| Renter Occupied HU | 4,111 (30.1%) |
| Vacant Housing Units | 529 ( 3.9%) |
| Median Home Value | $551,395 |
| Average Home Value | $575,277 |
Housing Distribution
Address Breakdown
Residential
14,201
Single Family
11,282
Multi-Family
2,919
Businesses
975
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