8114 Kingston RdHenricoVA23229
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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 8114 Kingston Rd, Henrico, VA, 23229 earns $895/mo cash flow from $7,440/mo rent with a $5,359/mo payment. Total monthly income totals $7,440/mo, and annual cash flow totals $10,737/yr on $354,780 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.15% at a $1,095,000 purchase. Equity gained on principal adds $7,066/yr, and 5% annual appreciation supports $302,528 over five years. Five-year ROI reaches 121.16% and total cumulative return in cash sums $429,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,440/mo property income instead of your personal income.
Single Family
Built in 1977
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23229, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,262 (100%) |
| Owner Occupied HU | 9,624 (67.5%) |
| Renter Occupied HU | 4,174 (29.3%) |
| Vacant Housing Units | 464 ( 3.3%) |
| Median Home Value | $565,789 |
| Average Home Value | $630,393 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
12,472
Multi-Family
1,707
Businesses
752
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