Bainworth Plan, Blair EstatesHenricoVA23238
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
Rental property for sale in Henrico at Bainworth Plan, Blair Estates, Henrico, VA, 23238 priced at $1,166,990 converts $3,948/mo rent into after a $5,712/mo obligation. Total monthly income equals $3,948/mo. Return on cash invested prints 10.76% in year one, and rental yield reads 4.06% against a $1,166,990 entry. Equity gained on principal adds $7,530/yr, while 5% annual appreciation compiles into $322,418 by year five. Five-year ROI reaches 53.39% and total cumulative return in cash sums $201,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,948/mo property income covering a $5,712/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices