3417 Cutshaw AveRichmondVA23230
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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 3417 Cutshaw Ave, Richmond, VA, 23230 earns from $2,224/mo rent with a $1,889/mo payment. Total monthly income totals $2,224/mo. ROI tracks 19.13% on current figures, and rental yield reads 6.92% at a $385,900 purchase. Equity gained on principal adds $2,490/yr, and 5% annual appreciation supports $106,617 over five years. Five-year ROI reaches 98.38% and total cumulative return in cash sums $125,849. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,224/mo property income instead of your personal income.
Townhouse
Built in 1929
2,639 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23230, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,768 (100%) |
| Owner Occupied HU | 1,956 (25.2%) |
| Renter Occupied HU | 4,845 (62.4%) |
| Vacant Housing Units | 967 (12.4%) |
| Median Home Value | $385,445 |
| Average Home Value | $403,986 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
3,826
Multi-Family
3,644
Businesses
2,005
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