5217 Monument Ave UNIT 2DHenricoVA23226
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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 5217 Monument Ave UNIT 2D, Henrico, VA, 23226 generates $3,452/mo in rent, after a $3,549/mo payment. Total monthly income is $3,452/mo. Return on cash invested sits at 11.74% in year one, and rental yield is 5.71% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 60.12% and total cumulative return in cash sums $143,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,452/mo property income rather than buyer’s personal income.
Condo
Built in 2014
1,663 sqft lot
$N/A/sqft
$772 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23226, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,827 (100%) |
| Owner Occupied HU | 5,436 (69.5%) |
| Renter Occupied HU | 1,957 (25.0%) |
| Vacant Housing Units | 434 ( 5.5%) |
| Median Home Value | $578,761 |
| Average Home Value | $695,782 |
Housing Distribution
Address Breakdown
Residential
7,873
Single Family
7,400
Multi-Family
473
Businesses
1,078
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Listed by: Patrick Gee • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2527632
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 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.