2956 Hathaway Rd #U912RichmondVA23225
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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 2956 Hathaway Rd #U912, Richmond, VA, 23225 listed at $395,000 pairs $2,657/mo rent with a $1,933/mo payment. Total monthly income runs $2,657/mo. Return on cash invested measures 9.71% in year one, and rental yield registers 8.07% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 52.58% and total cumulative return in cash totals $68,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,657/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
1,729 sqft lot
$N/A/sqft
$1,288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23225, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,473 (100%) |
| Owner Occupied HU | 8,554 (39.8%) |
| Renter Occupied HU | 11,339 (52.8%) |
| Vacant Housing Units | 1,580 ( 7.4%) |
| Median Home Value | $384,290 |
| Average Home Value | $457,334 |
Housing Distribution
Address Breakdown
Residential
21,051
Single Family
15,467
Multi-Family
5,584
Businesses
1,099
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Listed by: Brinlin Maki • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2511140
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.