8404 Pamela DrHenricoVA23229
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8404 Pamela Dr, Henrico, VA, 23229 in Henrico earns its strong cash-flow label: 10.37% yield, $2,938/mo rent, $877/mo net income, DSCR 1.46. The $449,100 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $124,078 by year five. Combined with $4,136/yr in principal paydown, total projected return reaches $186,221.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.5% |
| Monthly Cash Flow | $877 | $300 |
City averages based on Henrico market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,938 |
| Total Monthly Debt Service | $2,506 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.26 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
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
Single Family
Built in 1959
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices