3 Elm Crest DrRichmondVA23236
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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 3 Elm Crest Dr, Richmond, VA, 23236 at $805,000 posts ROI 11.7% with from $2,968/mo rent. Total monthly income equals $2,968/mo. Return on cash invested measures 11.7% and rental yield reads 4.42% at the current $805,000. Equity gained on principal adds $5,195/yr, and 5% annual appreciation supports $222,407 by year five. Five-year ROI prints 58.53% and total cumulative return in cash totals $155,009. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23236, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,328 (100%) |
| Owner Occupied HU | 9,703 (85.7%) |
| Renter Occupied HU | 1,337 (11.8%) |
| Vacant Housing Units | 288 ( 2.5%) |
| Median Home Value | $372,797 |
| Average Home Value | $437,998 |
Housing Distribution
Address Breakdown
Residential
11,090
Single Family
10,807
Multi-Family
283
Businesses
1,046
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