10948 Parkshire LnHenricoVA23233
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 10948 Parkshire Ln, Henrico, VA, 23233 in Henrico at $472,000 earns $3,186/mo in rent and nets $64/mo after the $2,122/mo payment, a 8.1% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $130,405 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $4,347/yr in principal paydown, total projected return reaches $184,032.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.5% |
| Monthly Cash Flow | $64 | $300 |
City averages based on Henrico market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,186 |
| Total Monthly Debt Service | $2,934 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2015
2,831 sqft lot
$N/A/sqft
$300 monthly 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
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
Townhouse
Built in 2015
2,831 sqft lot
$N/A/sqft
$300 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marc Austin Highfill • Exit First Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2521129
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.