1650 Westhill RdRichmondVA23226
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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 1650 Westhill Rd, Richmond, VA, 23226 uses $99,450 cash to close to unlock $3,000/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $2,043/mo, and a $1,468/mo payment keeps the spread at $250/mo. Purchase price stands at $300,000, and rental yield measures 8.17% with $2,043/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 118.73% and total cumulative return in cash records $118,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,043/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1954
94 Acres 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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