Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Henrico at 1505 Regency Woods Rd APT 101, Henrico, VA, 23238 uses $62,985 cash to close to unlock $3,482/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,751/mo, and a $930/mo payment keeps the spread at $290/mo. Purchase price stands at $190,000, and rental yield measures 11.06% with $1,751/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 134.51% and total cumulative return in cash records $84,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,751/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1977
871.20 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood data shown for ZIP Code: 23238, Richmond, VA area.
| 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 |
Residential
12,931
Single Family
10,176
Multi-Family
2,755
Businesses
442
Date | Event | Price |
|---|---|---|
| 2025-03-19 | Listed for sale | $190,000 |
| 2020-08-12 | Sold | $140,000 |
| 2019-05-01 | Sold | $102,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-19 | $1473.90 | 10.94% | $173,400 | 10.94% |
| 2023-03-19 | $1328.56 | 12.20% | $156,300 | 12.20% |
| 2022-03-19 | $1184.06 | 6.16% | $139,300 | 8.66% |
Listed by: Kate Cool • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2506529
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.
