2306 Yorktown AveRichmondVA23234
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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 2306 Yorktown Ave, Richmond, VA, 23234 listed at $164,995 pairs $1,463/mo rent with a $808/mo payment to leave $476/mo cash flow. Total monthly income runs $1,463/mo, and annual cash flow reaches $5,715/yr on $54,696 cash to close. Return on cash invested measures 30.36% in year one, and rental yield registers 10.64% at a $164,995 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,585 by year five. Five-year ROI tracks 158.66% and total cumulative return in cash totals $86,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,463/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
5,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23234, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,681 (100%) |
| Owner Occupied HU | 10,172 (54.5%) |
| Renter Occupied HU | 7,538 (40.4%) |
| Vacant Housing Units | 971 ( 5.2%) |
| Median Home Value | $316,894 |
| Average Home Value | $348,315 |
Housing Distribution
Address Breakdown
Residential
18,357
Single Family
16,954
Multi-Family
1,403
Businesses
765
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