Rivera Plan, Grantham WoodsHenricoVA23231
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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
Investment property for sale in Henrico at Rivera Plan, Grantham Woods, Henrico, VA, 23231 offers a 7.57% rental yield on a $475,750 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $2,329/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,867/yr on $157,711 to close, and return on cash invested stands at 21.09% in year one. Equity gained on principal adds $3,070/yr while 5% annual appreciation supports $131,441 over five years. Portfolio math shows five-year ROI at 108.92% and total cumulative return in cash at $171,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,329/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23231, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,340 (100%) |
| Owner Occupied HU | 10,472 (64.1%) |
| Renter Occupied HU | 5,121 (31.3%) |
| Vacant Housing Units | 747 ( 4.6%) |
| Median Home Value | $345,487 |
| Average Home Value | $421,800 |
Housing Distribution
Address Breakdown
Residential
16,851
Single Family
14,995
Multi-Family
1,856
Businesses
1,031
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