173 Mandrake Ct UNIT 106HenricoNC27842
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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 173 Mandrake Ct UNIT 106, Henrico, NC, 27842 listed at $339,900 pairs $2,477/mo rent with a $1,664/mo payment to leave $405/mo cash flow. Total monthly income runs $2,477/mo, and annual cash flow reaches $4,861/yr on $112,677 cash to close. Return on cash invested measures 24.22% in year one, and rental yield registers 8.74% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 125.88% and total cumulative return in cash totals $141,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,477/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27842, Henrico, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,782 (100%) |
| Owner Occupied HU | 644 (36.1%) |
| Renter Occupied HU | 107 ( 6.0%) |
| Vacant Housing Units | 1,031 (57.9%) |
| Median Home Value | $540,842 |
| Average Home Value | $546,522 |
Housing Distribution
Address Breakdown
Residential
1,159
Single Family
1,159
Multi-Family
0
Businesses
50
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Listed by: Betty Harris • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139926