3672 Shining Armor LnHenricoVA23231
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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 3672 Shining Armor Ln, Henrico, VA, 23231 generates $2,527/mo in rent, after a $2,323/mo payment. Total monthly income is $2,527/mo. Return on cash invested sits at 17.54% in year one, and rental yield is 6.39% on a $474,700 entry. Equity gained on principal adds $3,063/yr, while 5% annual appreciation builds toward $131,151 over five years. Five-year ROI reaches 89.87% and total cumulative return in cash sums $141,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,527/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,071 sqft lot
$N/A/sqft
No 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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