7608 Portadown Ct APT 2602HenricoVA23228
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 7608 Portadown Ct APT 2602, Henrico, VA, 23228 earns $791/mo cash flow from $2,046/mo rent with a $1,028/mo payment. Total monthly income totals $2,046/mo, and annual cash flow totals $9,487/yr on $69,598 capital. ROI tracks 33.54% on current figures, and rental yield reads 11.69% at a $209,950 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,005 over five years. Five-year ROI reaches 175.69% and total cumulative return in cash sums $122,280. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,046/mo property income instead of your personal income.
Condo
Built in 1991
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23228, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,144 (100%) |
| Owner Occupied HU | 8,248 (48.1%) |
| Renter Occupied HU | 7,692 (44.9%) |
| Vacant Housing Units | 1,204 ( 7.0%) |
| Median Home Value | $332,455 |
| Average Home Value | $374,834 |
Housing Distribution
Address Breakdown
Residential
16,712
Single Family
13,678
Multi-Family
3,034
Businesses
1,377
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices