312 N Hamilton StRichmondVA23221
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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
Rental property for sale in Richmond at 312 N Hamilton St, Richmond, VA, 23221 priced at $751,488 pairs $4,165/mo rent with after a $3,678/mo payment. Total monthly income equals $4,165/mo. Return on cash invested is 17.87% in year one, and rental yield stands at 6.65% on a $751,488 basis. Equity gained on principal adds $4,849/yr, and 5% annual appreciation accumulates to $207,622 by year five. Five-year ROI measures 91.79% and total cumulative return in cash reaches $226,937. For financing, Ziffy Mortgage’s DSCR program evaluates $4,165/mo property income against a $3,678/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
1,123 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23221, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,345 (100%) |
| Owner Occupied HU | 3,976 (47.6%) |
| Renter Occupied HU | 3,922 (47.0%) |
| Vacant Housing Units | 447 ( 5.4%) |
| Median Home Value | $592,338 |
| Average Home Value | $684,208 |
Housing Distribution
Address Breakdown
Residential
7,935
Single Family
5,547
Multi-Family
2,388
Businesses
641
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Nearby investment properties with comparable prices
Listed by: Kim Sebrell • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2424165
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.