9502 Skyview DrHenricoVA23229
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 9502 Skyview Dr, Henrico, VA, 23229 in Henrico hard to pass up. The 11.99% gross yield on a $525,000 purchase results in $5,246/mo in rent and $2,105/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.22). Annual cash flow of $25,262, five-year appreciation of $145,048, and $4,835/yr in equity build-up combine for a projected total cumulative return of $334,060.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 5.5% |
| Monthly Cash Flow | $2,105 | $300 |
City averages based on Henrico market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,246 |
| Total Monthly Debt Service | $2,932 |
| DSCR Ratio | 1.79x |
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 1967
0.33 Acres lot
$N/A/sqft
$30 annually 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 1967
0.33 Acres lot
$N/A/sqft
$30 annually 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
Listed by: Elliott Gravitt • Providence Hill Real Estate
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2423522
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.