1460 Farley CtHenricoVA23075
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1460 Farley Ct, Henrico, VA, 23075 in Henrico at $309,000 earns $2,034/mo in rent and nets $187/mo after the $1,389/mo payment, a 7.9% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $85,371 over five years. Ziffy Mortgage underwrites this on a 1.46 DSCR without U.S. credit history. With $2,846/yr in principal paydown, total projected return reaches $128,972.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $187 | $300 |
City averages based on Henrico market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $1,724 |
| DSCR Ratio | 1.18x |
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.
Single Family
Built in 1994
7,609 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23075, Highland Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,274 (100%) |
| Owner Occupied HU | 2,457 (57.5%) |
| Renter Occupied HU | 1,620 (37.9%) |
| Vacant Housing Units | 197 ( 4.6%) |
| Median Home Value | $236,462 |
| Average Home Value | $363,458 |
Housing Distribution
Address Breakdown
Residential
4,254
Single Family
4,103
Multi-Family
151
Businesses
211
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
Single Family
Built in 1994
7,609 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23075, Highland Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,274 (100%) |
| Owner Occupied HU | 2,457 (57.5%) |
| Renter Occupied HU | 1,620 (37.9%) |
| Vacant Housing Units | 197 ( 4.6%) |
| Median Home Value | $236,462 |
| Average Home Value | $363,458 |
Housing Distribution
Address Breakdown
Residential
4,254
Single Family
4,103
Multi-Family
151
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices