8152 Tonga Cart LnHenricoVA23294
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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 8152 Tonga Cart Ln, Henrico, VA, 23294 priced at $1,480,700 converts $2,640/mo rent into after a $7,247/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 4.83% in year one, and rental yield reads 2.14% against a $1,480,700 entry. Equity gained on principal adds $9,555/yr, while 5% annual appreciation compiles into $409,090 by year five. Five-year ROI reaches 21.61% and total cumulative return in cash sums $103,692. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $7,247/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23294, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,830 (100%) |
| Owner Occupied HU | 3,046 (34.5%) |
| Renter Occupied HU | 5,451 (61.7%) |
| Vacant Housing Units | 333 ( 3.8%) |
| Median Home Value | $344,580 |
| Average Home Value | $456,274 |
Housing Distribution
Address Breakdown
Residential
8,723
Single Family
6,458
Multi-Family
2,265
Businesses
904
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