1686 Midview RdHenricoVA23231
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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
Rental property for sale in Henrico at 1686 Midview Rd, Henrico, VA, 23231 priced at $589,990 pairs $4,159/mo rent with $573/mo cash flow after a $2,888/mo payment. Total monthly income equals $4,159/mo, and annual cash flow comes to $6,874/yr on $194,107 invested. Return on cash invested is 23.6% in year one, and rental yield stands at 8.46% on a $589,990 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $163,003 by year five. Five-year ROI measures 122.46% and total cumulative return in cash reaches $237,709. For financing, Ziffy Mortgage’s DSCR program evaluates $4,159/mo property income against a $2,888/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.39 Acres lot
$N/A/sqft
$177 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23231, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 10,472 (64.1%) |
| Renter Occupied HU | 5,121 (31.3%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $345,487 |
| Average Home Value | $421,800 |
Housing Distribution
Address Breakdown
Residential
16,851
Single Family
14,995
Multi-Family
1,856
Businesses
1,031
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Listed by: Kim Sebrell • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2419283
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 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.