220 Heshbon DrHenricoNC27842
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 220 Heshbon Dr, Henrico, NC, 27842 generates $4,440/mo in rent and, after a $2,198/mo payment, leaves $1,703/mo in cash flow. Total monthly income is $4,440/mo, and annual cash flow is $20,438/yr on $148,844 invested. Return on cash invested sits at 33.64% in year one, and rental yield is 11.87% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 176.37% and total cumulative return in cash sums $262,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.47 Acres 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: Kristen DeJarnette • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139957