1117 Broad Hill TrceHenricoVA23233
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
Investment Highlights
Investment property for sale in Henrico at 1117 Broad Hill Trce, Henrico, VA, 23233 earns from $3,881/mo rent with a $3,010/mo payment. Total monthly income totals $3,881/mo. ROI tracks 19.78% on current figures, and rental yield reads 7.57% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 102.38% and total cumulative return in cash sums $207,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,881/mo property income instead of your personal income.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
$230 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
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Listed by: Raven Sickal • Open Gate Realty Group
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2422446
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 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.