320 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
Investment property for sale in Richmond at 320 N Hamilton St, Richmond, VA, 23221 offers a 8.34% rental yield on a $719,950 purchase with $5,005/mo rent. Total monthly income registers $5,005/mo, and a $3,524/mo payment leaves $701/mo available for distribution. Annual cash flow reaches $8,413/yr on $236,864 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,909 over five years. Portfolio math shows five-year ROI at 122.4% and total cumulative return in cash at $289,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,005/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1,755 sqft lot
$N/A/sqft
No 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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