279 S Belmont DrHenricoNC27842
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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 279 S Belmont Dr, Henrico, NC, 27842 earns from $1,020/mo rent with a $2,325/mo payment. Total monthly income totals $1,020/mo. ROI tracks 5.62% on current figures, and rental yield reads 2.58% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 26.08% and total cumulative return in cash sums $41,071. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Single Family
Built in 1973
0.81 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: Susan Gordon, ABR, GRI • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140149