2104 Turtle Run Dr APT 2, Henrico, VA, 23233 | $402/mo Cash Flow

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2104 Turtle Run Dr APT 2, Henrico, VA, 23233 | $402/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Henrico at 2104 Turtle Run Dr APT 2, Henrico, VA, 23233 uses $86,190 cash to close to unlock $4,828/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $1,957/mo, and a $1,273/mo payment keeps the spread at $402/mo. Purchase price stands at $260,000, and rental yield measures 9.03% with $1,957/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 132.63% and total cumulative return in cash records $114,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,957/mo property income covering a $1,273/mo payment rather than investor’s personal income.

Condo

Built in 1985

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover a home that blends comfort, character, and convenience in Henricos desirable West End! Step inside to find a welcoming open floor plan where the dining area and living room flow seamlessly, making mealtime and entertaining effortless. Just steps away, the kitchen features a smooth-top electric range, tiled backsplash, and a sizable pantry, giving you all the storage and style you need for cooking at home. The living room serves as the heart of the home, with a brick-hearth wood-burning fireplace that includes wood storage, perfect for cozy evenings. Wide sliding glass doors extend the living space to a private back deck, offering a spot to enjoy fresh air, morning coffee, or quiet downtime. A den with French doors just off the living room makes a perfect home office or guest room. A deep storage closet off the dining room adds extra practicality, while luxury vinyl plank flooring throughout the entire home keeps the look consistent, durable, and low-maintenance. The two bedrooms are generously sized, each with a ceiling fan, walk-in closet, and thoughtful design. The primary suite includes a private ensuite bath featuring a tub/shower combo and decorative tile wainscoting. The second bedroom shares easy access to a full hall bath, accented with wood-paneled wainscoting, vanity lighting, and a tub/shower combo for added comfort. A convenient utility room with washer and dryer hookups, plus a center drain, makes laundry tasks simple and efficient. Located just minutes from Short Pump and the conveniences of West Broad Street, youll have shopping, dining, and recreation at your fingertips, all while enjoying a welcoming residential setting. Come experience how this home can offer the lifestyle youve been searching for, schedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 23233, Richmond, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,678 (100%)
Owner Occupied HU	9,038 (66.1%)
Renter Occupied HU	4,111 (30.1%)
Vacant Housing Units	529 ( 3.9%)
Median Home Value	$551,395
Average Home Value	$575,277