109 Finial AveRichmondVA23226
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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 109 Finial Ave, Richmond, VA, 23226 priced at $1,225,000 pairs $4,912/mo rent with after a $5,996/mo payment. Total monthly income equals $4,912/mo. Return on cash invested is 13.08% in year one, and rental yield stands at 4.81% on a $1,225,000 basis. Equity gained on principal adds $7,905/yr, and 5% annual appreciation accumulates to $338,445 by year five. Five-year ROI measures 65.84% and total cumulative return in cash reaches $261,312. For financing, Ziffy Mortgage’s DSCR program evaluates $4,912/mo property income against a $5,996/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2018
3,358 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23226, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,827 (100%) |
| Owner Occupied HU | 5,436 (69.5%) |
| Renter Occupied HU | 1,957 (25.0%) |
| Vacant Housing Units | 434 ( 5.5%) |
| Median Home Value | $578,761 |
| Average Home Value | $695,782 |
Housing Distribution
Address Breakdown
Residential
7,873
Single Family
7,400
Multi-Family
473
Businesses
1,078
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