2700 P StRichmondVA23223
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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 2700 P St, Richmond, VA, 23223 at $485,000 posts ROI 10.26% with from $1,652/mo rent. Total monthly income equals $1,652/mo. Return on cash invested measures 10.26% and rental yield reads 4.09% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 50.93% and total cumulative return in cash totals $81,890. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,652/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
1,999 sqft 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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Listed by: Isaac Weintz • One South Commercial LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2427412
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 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.