2920 Queensland DrHenricoVA23294
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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 2920 Queensland Dr, Henrico, VA, 23294 listed at $319,999 pairs $2,204/mo rent with a $1,566/mo payment to leave $291/mo cash flow. Total monthly income runs $2,204/mo, and annual cash flow reaches $3,496/yr on $106,080 cash to close. Return on cash invested measures 23.2% in year one, and rental yield registers 8.27% at a $319,999 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 120.26% and total cumulative return in cash totals $127,575. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,204/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1996
1,720 sqft 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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