4300 Fitzhugh AveRichmondVA23230
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 4300 Fitzhugh Ave, Richmond, VA, 23230 at $745,000 posts ROI 22.79% with $558/mo cash flow from $5,161/mo rent. Total monthly income equals $5,161/mo, and annual cash flow records $6,692/yr on $245,105 to close. Return on cash invested measures 22.79% and rental yield reads 8.31% at the current $745,000. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 by year five. Five-year ROI prints 118.25% and total cumulative return in cash totals $289,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
7,823 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reagan Wallace • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2419065
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.