35 W Jackson StRichmondVA23220
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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 35 W Jackson St, Richmond, VA, 23220 priced at $395,000 converts $2,760/mo rent into $399/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $4,789/yr on $130,943 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 8.38% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 122.21% and total cumulative return in cash sums $160,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2008
2,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23220, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,204 (100%) |
| Owner Occupied HU | 4,744 (24.7%) |
| Renter Occupied HU | 12,895 (67.1%) |
| Vacant Housing Units | 1,565 ( 8.1%) |
| Median Home Value | $514,099 |
| Average Home Value | $600,389 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
10,606
Multi-Family
8,575
Businesses
1,372
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