8902 Ginger Way Ct #8902HenricoVA23229
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
Investment Highlights
Investment property for sale in Henrico at 8902 Ginger Way Ct #8902, Henrico, VA, 23229 earns from $2,618/mo rent with a $3,549/mo payment. Total monthly income totals $2,618/mo. ROI tracks 11.43% on current figures, and rental yield reads 4.33% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 57.04% and total cumulative return in cash sums $136,049. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,618/mo property income instead of your personal income.
Single Family
Built in 1981
2 sqft 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