2640 Lassen Walk #AHenricoVA23294
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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 2640 Lassen Walk #A, Henrico, VA, 23294 earns $630/mo cash flow from $2,722/mo rent with a $1,713/mo payment. Total monthly income totals $2,722/mo, and annual cash flow totals $7,559/yr on $115,992 capital. ROI tracks 26.43% on current figures, and rental yield reads 9.34% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 137.51% and total cumulative return in cash sums $159,498. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,722/mo property income instead of your personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23294, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,830 (100%) |
| Owner Occupied HU | 3,046 (34.5%) |
| Renter Occupied HU | 5,451 (61.7%) |
| Vacant Housing Units | 333 ( 3.8%) |
| Median Home Value | $344,580 |
| Average Home Value | $456,274 |
Housing Distribution
Address Breakdown
Residential
8,723
Single Family
6,458
Multi-Family
2,265
Businesses
904
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