1815 Cambridge CtHenricoVA23238
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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
Investment property for sale in Henrico at 1815 Cambridge Ct, Henrico, VA, 23238 offers a 10.46% rental yield on a $269,900 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,321/mo payment leaves $589/mo available for distribution. Annual cash flow reaches $7,063/yr on $89,472 to close, and return on cash invested stands at 27.8% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 145.65% and total cumulative return in cash at $130,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
1,711 sqft lot
$N/A/sqft
$150 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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Listed by: Kimberly Hitchens • Shaheen Ruth Martin & Fonville
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2514288
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.