3628 Edna Path #A, Richmond, VA, 23233 | 6.57% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,467/mo, and a $2,205/mo payment. Purchase price stands at $450,590, and rental yield measures 6.57% with $2,467/mo rent. Return on cash invested shows 18.09% in year one, and 5% annual appreciation builds toward $124,490 over five years. Five-year ROI reaches 92.81% and total cumulative return in cash records $138,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,467/mo property income covering a $2,205/mo payment rather than investor’s 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