3116 5th AveRichmondVA23222
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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
Total monthly income runs $1,361/mo, and a $1,370/mo payment. Purchase price stands at $279,999, and rental yield measures 5.83% with $1,361/mo rent. Return on cash invested shows 15.87% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 80.93% and total cumulative return in cash records $75,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,361/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1956
5,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23222, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,389 (100%) |
| Owner Occupied HU | 5,700 (46.0%) |
| Renter Occupied HU | 5,278 (42.6%) |
| Vacant Housing Units | 1,411 (11.4%) |
| Median Home Value | $283,438 |
| Average Home Value | $341,200 |
Housing Distribution
Address Breakdown
Residential
11,351
Single Family
10,018
Multi-Family
1,333
Businesses
504
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