4 N Elm AveHenricoVA23075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4 N Elm Ave, Henrico, VA, 23075 uses $79,229 cash to close to unlock $3,169/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $1,693/mo, and a $1,170/mo payment keeps the spread at $264/mo. Purchase price stands at $239,000, and rental yield measures 8.5% with $1,693/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 124.08% and total cumulative return in cash records $98,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,693/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1937
9,879 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23075, Highland Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,274 (100%) |
| Owner Occupied HU | 2,457 (57.5%) |
| Renter Occupied HU | 1,620 (37.9%) |
| Vacant Housing Units | 197 ( 4.6%) |
| Median Home Value | $236,462 |
| Average Home Value | $363,458 |
Housing Distribution
Address Breakdown
Residential
4,254
Single Family
4,103
Multi-Family
151
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices