Henrico, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Henrico short-term rental market based on reliable data.

Listings

23 / 86

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$40,068

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$395,029

Median Home Sale Price

Top Earners

$52,911

Top-Earners Revenue

Henrico

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Henrico.

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C

Challenging to Investors

Henrico Regulations

STRs are legal but constrained—primary‑residence requirement, limited to single‑family and A‑1 districts, and strict caps (max six guests; max 60 STR days for by‑right hosted stays) together with frontage rules. Unhosted/unpermitted setups require a CUP with public hearing and added fees; only by‑right hosted uses avoid the CUP. These operational limits and compliance steps raise investor risk and make the environment challenging rather than broadly friendly.

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About Henrico

Henrico is the name used by the U.S. Postal Service for several ZIP code areas in unincorporated parts of Henrico County, Virginia, surrounding the city of Richmond. "Other acceptable cities" listed by the USPS for parts of Henrico are Richmond, Highland Springs, Regency, and Ridge, whereas Millers, Montrose, Montrose Heights, Staples Mill, Tuckahoe, Varina, and Westbury are alternate names for portions of Henrico that are not recommended for use in mailing addresses.Henrico is identified in the National Register of Historic Places's NRIS database as being the location of, or nearest community to, the Curles Neck Farm.

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