2203 Brightmoor CtHenricoVA23238
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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
Investment property for sale in Henrico at 2203 Brightmoor Ct, Henrico, VA, 23238 uses $93,649 cash to close to unlock $9,888/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $2,513/mo, and a $1,383/mo payment keeps the spread at $824/mo. Purchase price stands at $282,500, and rental yield measures 10.67% with $2,513/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 159.18% and total cumulative return in cash records $149,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,513/mo property income covering a $1,383/mo payment rather than investor’s personal income.
Townhouse
Built in 1976
2,722 sqft lot
$N/A/sqft
No 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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