9401 Avalon 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
Rental property for sale in Henrico at 9401 Avalon Dr, Henrico, VA, 23229 generates $3,329/mo in rent and, after a $2,569/mo payment, leaves $191/mo in cash flow. Total monthly income is $3,329/mo, and annual cash flow is $2,296/yr on $172,709 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 7.61% on a $524,950 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,034 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash sums $190,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,329/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.34 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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