8418 Buffin RdHenricoVA23231
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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 8418 Buffin Rd, Henrico, VA, 23231 uses $43,062 cash to close to unlock $2,871/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,016/mo, and a $636/mo payment keeps the spread at $239/mo. Purchase price stands at $129,900, and rental yield measures 9.39% with $1,016/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 138.4% and total cumulative return in cash records $59,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,016/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1961
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23231, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 10,472 (64.1%) |
| Renter Occupied HU | 5,121 (31.3%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $345,487 |
| Average Home Value | $421,800 |
Housing Distribution
Address Breakdown
Residential
16,851
Single Family
14,995
Multi-Family
1,856
Businesses
1,031
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