109 E Laburnum AveRichmondVA23222
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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 Richmond at 109 E Laburnum Ave, Richmond, VA, 23222 at $239,900 posts ROI 21.72% with $120/mo cash flow from $1,554/mo rent. Total monthly income equals $1,554/mo, and annual cash flow records $1,441/yr on $79,527 to close. Return on cash invested measures 21.72% and rental yield reads 7.77% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 112.33% and total cumulative return in cash totals $89,335.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
9,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23222, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,389 (100%) |
| Owner Occupied HU | 5,700 (46.0%) |
| Renter Occupied HU | 5,278 (42.6%) |
| Vacant Housing Units | 1,411 (11.4%) |
| Median Home Value | $283,438 |
| Average Home Value | $341,200 |
Housing Distribution
Address Breakdown
Residential
11,351
Single Family
10,018
Multi-Family
1,333
Businesses
504
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