9716 Old Country TrceHenricoVA23238
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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 9716 Old Country Trce, Henrico, VA, 23238 generates $6,834/mo in rent and, after a $4,841/mo payment, leaves $922/mo in cash flow. Total monthly income is $6,834/mo, and annual cash flow is $11,059/yr on $325,381 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.29% on a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation builds toward $273,242 over five years. Five-year ROI reaches 121.57% and total cumulative return in cash sums $395,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,834/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23238, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,096 (100%) |
| Owner Occupied HU | 7,702 (63.7%) |
| Renter Occupied HU | 3,836 (31.7%) |
| Vacant Housing Units | 558 ( 4.6%) |
| Median Home Value | $471,764 |
| Average Home Value | $590,169 |
Housing Distribution
Address Breakdown
Residential
12,931
Single Family
10,176
Multi-Family
2,755
Businesses
442
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