3230 Richmond RdAmelia Court HouseVA23002
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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 Amelia Court House at 3230 Richmond Rd, Amelia Court House, VA, 23002 listed at $309,950 pairs $1,891/mo rent with a $1,517/mo payment to leave $38/mo cash flow. Total monthly income runs $1,891/mo, and annual cash flow reaches $459/yr on $102,748 cash to close. Return on cash invested measures 20.36% in year one, and rental yield registers 7.32% at a $309,950 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,633 by year five. Five-year ROI tracks 105% and total cumulative return in cash totals $107,884. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,891/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
11.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23002, Amelia Court House, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,666 (100%) |
| Owner Occupied HU | 3,552 (76.1%) |
| Renter Occupied HU | 728 (15.6%) |
| Vacant Housing Units | 386 ( 8.3%) |
| Median Home Value | $285,424 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,454
Multi-Family
0
Businesses
330
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Listed by: Diana Morris • Commonwealth Real Estate Co
Mls Name: CVRMLS
Mls ID: #2533601