12428 New Point DrHenricoVA23233
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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 12428 New Point Dr, Henrico, VA, 23233 listed at $300,000 pairs $2,561/mo rent with a $1,468/mo payment to leave $768/mo cash flow. Total monthly income runs $2,561/mo, and annual cash flow reaches $9,216/yr on $99,450 cash to close. Return on cash invested measures 29.18% in year one, and rental yield registers 10.24% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 152.24% and total cumulative return in cash totals $151,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,561/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
2,029 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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