3001 Ruddy Duck CtHenricoVA23231
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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
Rental property for sale in Henrico at 3001 Ruddy Duck Ct, Henrico, VA, 23231 priced at $394,900 converts $3,136/mo rent into $737/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,136/mo, and annual cash flow totals $8,842/yr on $130,909 invested. Return on cash invested prints 26.66% in year one, and rental yield reads 9.53% against a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation compiles into $109,104 by year five. Five-year ROI reaches 138.91% and total cumulative return in cash sums $181,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,136/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.33 Acres lot
$N/A/sqft
$115 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23231, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 10,472 (64.1%) |
| Renter Occupied HU | 5,121 (31.3%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $345,487 |
| Average Home Value | $421,800 |
Housing Distribution
Address Breakdown
Residential
16,851
Single Family
14,995
Multi-Family
1,856
Businesses
1,031
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Listed by: Danielle Bowers • Century 21 Lifestyle
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2425532
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.