19 E Clay StRichmondVA23219
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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 19 E Clay St, Richmond, VA, 23219 uses $164,076 cash to close to unlock $1,042/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $3,046/mo, and a $2,423/mo payment keeps the spread at $87/mo. Purchase price stands at $494,950, and rental yield measures 7.38% with $3,046/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $136,746 over five years. Five-year ROI reaches 105.96% and total cumulative return in cash records $173,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,046/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,469 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23219, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,932 (100%) |
| Owner Occupied HU | 264 ( 5.4%) |
| Renter Occupied HU | 4,107 (83.3%) |
| Vacant Housing Units | 561 (11.4%) |
| Median Home Value | $402,427 |
| Average Home Value | $389,330 |
Housing Distribution
Address Breakdown
Residential
4,665
Single Family
641
Multi-Family
4,024
Businesses
1,337
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