2627 Dorset RdRichmondVA23234
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
Rental property for sale in Richmond at 2627 Dorset Rd, Richmond, VA, 23234 generates $2,041/mo in rent and, after a $1,468/mo payment, leaves $246/mo in cash flow. Total monthly income is $2,041/mo, and annual cash flow is $2,952/yr on $99,450 invested. Return on cash invested sits at 22.88% in year one, and rental yield is 8.16% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash sums $117,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,041/mo property income rather than buyer’s personal income.
Multi Family
Built in 1959
0.46 Acres 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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Nearby investment properties with comparable prices
Listed by: Dominique Mayton • 1st Class Real Estate RVA
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2514882
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.