1 E Main StRichmondVA23219
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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 Richmond at 1 E Main St, Richmond, VA, 23219 offers $3,458/mo rent that, after a $3,793/mo payment. Total monthly income is $3,458/mo. Return on cash invested measures 14.53% in year one, and rental yield stands at 5.36% at a $774,900 entry. Equity gained on principal adds $5,000/yr while 5% annual appreciation compounds into $214,091 by year five. Five-year ROI records 73.7% and total cumulative return in cash reaches $187,883. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,458/mo property income versus a $3,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23219, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,932 (100%) |
| Owner Occupied HU | 264 ( 5.4%) |
| Renter Occupied HU | 4,107 (83.3%) |
| Vacant Housing Units | 561 (11.4%) |
| Median Home Value | $402,427 |
| Average Home Value | $389,330 |
Housing Distribution
Address Breakdown
Residential
4,665
Single Family
641
Multi-Family
4,024
Businesses
1,337
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