1815 Doron LnRichmondVA23223
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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 1815 Doron Ln, Richmond, VA, 23223 earns $510/mo cash flow from $2,280/mo rent with a $1,449/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $6,124/yr on $98,124 capital. ROI tracks 26.15% on current figures, and rental yield reads 9.24% at a $296,000 purchase. Equity gained on principal adds $1,910/yr, and 5% annual appreciation supports $81,779 over five years. Five-year ROI reaches 136.06% and total cumulative return in cash sums $133,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 1946
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23223, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,758 (100%) |
| Owner Occupied HU | 10,196 (39.6%) |
| Renter Occupied HU | 13,614 (52.9%) |
| Vacant Housing Units | 1,948 ( 7.6%) |
| Median Home Value | $324,118 |
| Average Home Value | $376,819 |
Housing Distribution
Address Breakdown
Residential
26,126
Single Family
20,110
Multi-Family
6,016
Businesses
1,056
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