1500 Largo Rd APT 201HenricoVA23238
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 1500 Largo Rd APT 201, Henrico, VA, 23238 earns $873/mo cash flow from $2,278/mo rent with a $1,150/mo payment. Total monthly income totals $2,278/mo, and annual cash flow totals $10,482/yr on $77,886 capital. ROI tracks 33.37% on current figures, and rental yield reads 11.63% at a $234,950 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,912 over five years. Five-year ROI reaches 174.76% and total cumulative return in cash sums $136,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,278/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23238, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,096 (100%) |
| Owner Occupied HU | 7,702 (63.7%) |
| Renter Occupied HU | 3,836 (31.7%) |
| Vacant Housing Units | 558 ( 4.6%) |
| Median Home Value | $471,764 |
| Average Home Value | $590,169 |
Housing Distribution
Address Breakdown
Residential
12,931
Single Family
10,176
Multi-Family
2,755
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices