1991 Airy CirHenricoVA23238
Nearby investment properties with comparable rents
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 1991 Airy Cir, Henrico, VA, 23238 priced at $273,000 pairs $2,250/mo rent with $375/mo cash flow after a $1,336/mo payment. Total monthly income equals $2,250/mo, and annual cash flow comes to $4,503/yr on $90,500 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 9.89% on a $273,000 basis. Equity gained on principal adds $1,762/yr, and 5% annual appreciation accumulates to $75,425 by year five. Five-year ROI measures 130.46% and total cumulative return in cash reaches $118,063. For financing, Ziffy Mortgage’s DSCR program evaluates $2,250/mo property income against a $1,336/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1987
1,611 sqft lot
$N/A/sqft
$243 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Rutkai • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2507895
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.