705 Beverstone RdHenricoVA23075
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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 705 Beverstone Rd, Henrico, VA, 23075 listed at $319,800 pairs $2,033/mo rent with a $1,565/mo payment to leave $122/mo cash flow. Total monthly income runs $2,033/mo, and annual cash flow reaches $1,459/yr on $106,014 cash to close. Return on cash invested measures 21.28% in year one, and rental yield registers 7.63% at a $319,800 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,355 by year five. Five-year ROI tracks 109.96% and total cumulative return in cash totals $116,568. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,033/mo property income relative to a $1,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
1.00 Acres 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
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Listed by: Shawn Shurm • Realty Richmond
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2427128
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.