LOT 7 Old Pump RdHenricoVA23233
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 LOT 7 Old Pump Rd, Henrico, VA, 23233 priced at $997,000 converts $3,870/mo rent into after a $4,880/mo obligation. Total monthly income equals $3,870/mo. Return on cash invested prints 12.41% in year one, and rental yield reads 4.66% against a $997,000 entry. Equity gained on principal adds $6,433/yr, while 5% annual appreciation compiles into $275,453 by year five. Five-year ROI reaches 62.33% and total cumulative return in cash sums $204,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,870/mo property income covering a $4,880/mo payment, not borrower’s personal income.
Single Family
Built in 2026
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23233, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 9,038 (66.1%) |
| Renter Occupied HU | 4,111 (30.1%) |
| Vacant Housing Units | 529 ( 3.9%) |
| Median Home Value | $551,395 |
| Average Home Value | $575,277 |
Housing Distribution
Address Breakdown
Residential
14,201
Single Family
11,282
Multi-Family
2,919
Businesses
975
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices