3607 Edna Path #ARichmondVA23233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3607 Edna Path #A, Richmond, VA, 23233 earns from $2,467/mo rent with a $2,051/mo payment. Total monthly income totals $2,467/mo. ROI tracks 19.58% on current figures, and rental yield reads 7.06% at a $419,090 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,787 over five years. Five-year ROI reaches 100.79% and total cumulative return in cash sums $140,025. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,467/mo property income instead of your personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23233, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 9,038 (66.1%) |
| Renter Occupied HU | 4,111 (30.1%) |
| Vacant Housing Units | 529 ( 3.9%) |
| Median Home Value | $551,395 |
| Average Home Value | $575,277 |
Housing Distribution
Address Breakdown
Residential
14,201
Single Family
11,282
Multi-Family
2,919
Businesses
975
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices