1237 Greystone AveRichmondVA23224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1237 Greystone Ave, Richmond, VA, 23224 earns $367/mo cash flow from $1,557/mo rent with a $974/mo payment. Total monthly income totals $1,557/mo, and annual cash flow totals $4,409/yr on $65,969 capital. ROI tracks 26.59% on current figures, and rental yield reads 9.39% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash sums $91,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,557/mo property income instead of your personal income.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23224, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 5,371 (27.2%) |
| Renter Occupied HU | 12,527 (63.5%) |
| Vacant Housing Units | 1,834 ( 9.3%) |
| Median Home Value | $217,533 |
| Average Home Value | $299,484 |
Housing Distribution
Address Breakdown
Residential
19,419
Single Family
14,615
Multi-Family
4,804
Businesses
1,358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices