3323 Dill 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
Investment property for sale in Richmond at 3323 Dill Ave, Richmond, VA, 23222 offers a 9.44% rental yield on a $134,900 purchase with $1,061/mo rent. Total monthly income registers $1,061/mo, and a $660/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,058/yr on $44,719 to close, and return on cash invested stands at 26.75% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 139.25% and total cumulative return in cash at $62,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,061/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
2,230 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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