8709 Weldon DrHenricoVA23229
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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 8709 Weldon Dr, Henrico, VA, 23229 uses $99,450 cash to close to unlock $3,684/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,468/mo payment keeps the spread at $307/mo. Purchase price stands at $300,000, and rental yield measures 8.4% with $2,100/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 122.43% and total cumulative return in cash records $121,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.29 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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