212 E Franklin St STE ARichmondVA23219
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 212 E Franklin St STE A, Richmond, VA, 23219 at $320,100 posts ROI 29.4% with $839/mo cash flow from $2,903/mo rent. Total monthly income equals $2,903/mo, and annual cash flow records $10,071/yr on $106,113 to close. Return on cash invested measures 29.4% and rental yield reads 10.88% at the current $320,100. Equity gained on principal adds $2,066/yr, and 5% annual appreciation supports $88,438 by year five. Five-year ROI prints 154.11% and total cumulative return in cash totals $163,534.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,903/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$150 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices