1591 Constitution DrHenricoVA23238
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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 1591 Constitution Dr, Henrico, VA, 23238 offers a 9.04% rental yield on a $246,200 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $1,205/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,424/yr on $81,615 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $1,589/yr while 5% annual appreciation supports $68,021 over five years. Portfolio math shows five-year ROI at 119.53% and total cumulative return in cash at $97,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $1,205/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
1,572 sqft lot
$N/A/sqft
$171 monthly 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
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