194 WoodfernHenricoVA23238
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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
Total monthly income runs $4,254/mo, and a $5,824/mo payment. Purchase price stands at $1,190,000, and rental yield measures 4.29% with $4,254/mo rent. Return on cash invested shows 10.5% in year one, and 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 52.34% and total cumulative return in cash records $201,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,254/mo property income covering a $5,824/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.54 Acres lot
$N/A/sqft
$940 quarterly 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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Nearby investment properties with comparable prices
Listed by: Julian Spooner • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2425463
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.